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Check if your estate is protected from the tax man.
At Ling Phipp we can help people in the Nottingham area with inheritance tax planning and estate planning. Here are some useful pointers...
It is never too early to plan your estate. If it is large, it could be exposed to inheritance tax at 40%, and if it is small, advance planning can help you ensure that your assets will go to your chosen beneficiaries.
Estate planning begins with the following decisions:
A Will should also stipulate who is to be your minor child(ren)'s guardian. Although making a Will makes your decision legally binding, the Will can be amended any time you change your mind.
Start by completing the following survey. Every 'no' answer indicates an area where estate planning issues should be addressed.
SEEK OUR ADVICE FOR EVERY 'NO' ANSWER
If you are in the Nottingham area and would like advice on inheritance tax planning and estate planning, please contact Ling Phipp today. We will be delighted to assist you.
19 Feb 2018
A new report published by the Federation of Small Businesses (FSB) has found that the average UK small business spends £5,000 per year on tax compliance.
16 Feb 2018
Research carried out by banking group Aldermore has suggested that a significant number of UK workers are planning to become self-employed in the future.