The importance of making a will is a common topic when discussing financial circumstances. However, for people whose assets add up to more than a certain amount (currently £325,000 for 2009/10 tax year), who want to pass on as much as possible to their beneficiaries, early estate planning is also vital.

Since inheritance tax can extend to gifts made within seven years before death, you should be aware of your situation and know what actions are open to you as tax rules are often complex and can change. Inheritance tax and trust planning are an essential part of this and your financial adviser can offer guidance, and help you find the best course of action.

HM Revenue and Customs practice and the law relating to taxation are
complex and subject to individual circumstances and changes which cannot
be foreseen.

Call us us on 01202 650077 or click here. for clear, professional and understanding help.