Lee Devonald’s Post

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

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

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

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. It's not surprising that many of us put estate planning on a back burner, but there's often plenty you can do to reduce the amount of Inheritance Tax your family may eventually pay. Our latest Insights article focuses on how to mitigate your IHT bill, read more: https://buff.ly/43hopX0 And Niki Patel, Tax & Trust Specialist, Technical Connection, explains planning options available... #IHT #InheritanceTax #TaxPlanning

When dealing with the estate of someone who has died, your clients may need to handle Inheritance Tax (IHT). This process can be complex and difficult, especially for those who haven't dealt with it before. Our new blog summarises the forms, rates, and requirements involved with Inheritance Tax, including: ✔️ What is IHT? ✔️ What is the Nil Rate Band? ✔️ What forms are needed to pay IHT? ✔️ Who pays IHT? ✔️ A summary of gifting ➕ And more Read the blog here and share it with your clients: https://bit.ly/49yVv6U #InheritanceTax #IHT #Gifting #WealthTransfers #ExemptedGifts #EstateAdministration

Often dubbed “death tax” or “Britain’s most-hated tax” in the media, Inheritance Tax (IHT) may seem complex, and you might be unsure if it’s something you should consider as part of your estate plan. There are often ways you could reduce an IHT bill if you’re proactive. One of the first steps to take is to find out if your estate could be liable for IHT. So, read our blog to find out how the IHT thresholds work - https://bit.ly/4dY2BEg #IHT #InheritanceTax #FinancialPlanning #MoneyManagement

Inheritance Tax (IHT) represents a significant consideration for anyone looking to pass on assets to the next generation 👪 As of the 2024/25 tax year, IHT incurs a 40% charge on the portion of an estate exceeding the nil rate band of £325,000, excluding transfers to a spouse or registered civil partner 💷 https://loom.ly/6uDdNXo #inheritance #tax #charge

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

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.

Is your will structured to maximise Inheritance Tax relief? With new punitive Inheritance Tax (IHT) rates on the horizon, Head of Private Client, Joe Cobb, and Partner Russell Kaminski discuss how Rachel Reeves' Budget measures will prompt an extraordinary generational shift in wealth. Read the full piece: https://lnkd.in/e-jwxQG7 #InheritanceTax #EstatePlanning #WealthManagement #FinancialPlanning #GenerationalWealth #PrivateClient #TaxPlanning