Where there's a will...

Currently inheritance tax is charged at a flat rate of 40% on the value of your estate including assets owned jointly in excess of the nil-rate band (£325,000 up to 5th April 2015 and after that it will be indexed in line with the consumer price index). However, there are plenty of ways to reduce your tax exposure through proper advice and planning. Whether you need a will (a good place to start), or other advice on inheritance tax planning, we would be delighted to help you. Please contact us.