How to stop the government taking money from your family?
The government has taken £4.1 billion from families in inheritance tax this year alone – but your family does not need to be one of them in future years – here’s how
Property prices are rising, and the Chancellor of the Exchequer has frozen inheritance tax at its current rate again, meaning £billions more in revenue guaranteed from inheritance tax over the next few years.
And while it is true that the government is in dire need of raising revenue, why should your family keep paying inheritance tax ON THE SAME ASSET generation after generation?
When you leave your assets to your children absolutely and directly those assets add to your children’s estates meaning:
Inheritance tax is paid on your death
And then your grandchildren pay inheritance tax on your children’s estates because your assets added to theirs when you died and pushed them over the inheritance tax bracket
This can be stopped immediately by leaving your assets to your children, but via a Trust.
This means that inheritance tax on your assets would only be paid once if it was even applicable at all.
This method of gifting has been used by the rich and famous for generations and is why most pay very little if anything in inheritance tax.
Call us today to find out how putting Trusts in your Will can help your family escape the inheritance trap once and for all.
0800 668 11 64
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