MK TAX & ACCOUNTING - Estate Planning

Estate Planning

Inheritance tax used to be considered a tax for the very wealthy, but with the recent rise in property values many more estates have come within the Taxman’s reach. With present rates the tax charge could be up to 40% of your estate

There are a number of ways to reduce the potential tax liability on your estate, but they involve careful planning. The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries.