Gillespie Financial Ltd’s Post

Have you heard of an estate planning tool called "Generation Skipping Trust?" Generation Skipping Trusts, also known as GSTs, can be an excellent way to help families avoid double estate taxation. Considering the potential changes in estate tax exemptions coming soon, this type of trust may become an increasingly useful tool in planning for and transferring wealth. Over on our blog you can find out more about GST's and why it might be right for you. A link is in the comments. #estateplanning #estateplanningattorney #RJSLAWFirm

How to mitigate your Inheritance Tax bill   Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner.   However, while we might not enjoy talking death and taxes, one thing’s for certain. Nobody wants to pay HMRC any more than they have to.   Read the full article at https://lnkd.in/eXtBK8Uq   #liberty #wealthmanagement #tax #iht #inheritance

What can you do about Inheritance Tax in the UK? In my latest YouTube video, I discuss one of the most divisive yet misunderstood taxes in the UK today - Inheritance Tax. Whether you're planning for your own future or managing an elderly relative's estate, inheritance tax (IHT) can be a complex and often misunderstood aspect of financial planning. With clear explanations and examples, this video simplifies the complexities of IHT and provides actionable insights to help you understand your tax liability. Watch the video on my YouTube channel via the link in the comments below. And please don't hesitate to get in touch if you have any questions about how you can apply these strategies to your business and/or financial situation and start planning for your ideal future. #planforhappy #financialplanning #forprofessionalsbyprofessionals #businessowners #IHT

How to mitigate your Inheritance Tax bill   Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner.   However, while we might not enjoy talking death and taxes, one thing’s for certain. Nobody wants to pay HMRC any more than they have to.   Read the full article at https://lnkd.in/evTYMvKW   #liberty #wealthmanagement #tax #iht #inheritance

Pssst! It’s Tax Tips Tuesday! Today, Emma Clewes is debunking some common myths around Inheritance Tax (IHT) that you might find surprising! 💡 Watch the video to hear Emma’s expert insights and get the facts straight. Have questions? Drop them in the comments or reach out to Emma directly at ejclewes@primeaccountants.co.uk. 🔗 Don’t forget to like, repost, and follow us for more valuable insights and tips! #PrimeAccountants #PrimeAccountantsGroup #PrimeWealth #TaxPlanning #TaxTipsTuesday #InheritanceTax #FinancialPlanning

How to mitigate your Inheritance Tax bill   Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner.   However, while we might not enjoy talking death and taxes, one thing’s for certain. Nobody wants to pay HMRC any more than they have to.   Read the full article at https://lnkd.in/eqXhJjms   #liberty #wealthmanagement #tax #iht #inheritance

What can you do about Inheritance Tax in the UK? In Adam Walkom's latest video in his series helping a wider audience gain access to the tools and techniques needed to plan for your future, he answers this question with actionable insights and proactive steps to manage your estate. Watch the full video on Adam's YouTube channel via the link in the comments below.

How to mitigate your Inheritance Tax bill   Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner.   However, while we might not enjoy talking death and taxes, one thing’s for certain. Nobody wants to pay HMRC any more than they have to.   Read the full article at https://lnkd.in/eGP6UADc   #liberty #wealthmanagement #tax #iht #inheritance

IHT has been referred to as a ‘voluntary tax’, because with effective planning it can often be mitigated. However, it is also complex and the planning can be fraught with risks if the legislation is not understood fully. If IHT is of concern to you, check out this short article debunking some of the myths that we regularly encounter in client discussions.

If you take a proactive approach to managing your wealth, you could reduce how much Inheritance Tax (IHT) your estate may be liable for when you pass away. Last month, you read about what IHT is and when estates become liable to pay it. Now, read our blog to discover some of the shrewd strategies you could use to reduce a potential IHT bill - https://bit.ly/4euR67m #IHT #InheritanceTax #Tax #MoneyManagement