Do you know how much you're worth? When you add up savings, property and other assets, you may be pleasantly surprised - so the last thing you want is to let the taxman take a large part of it. If your estate is valued at £325,000 or more, anything over this threshold could be subject to inheritance tax at 40% - meaning you could leave a much smaller inheritance for your family than you intended.There have been some recent valuable changes to IHT planning, however if you are not, or have never been married, or in a civil partnership, the new allowances don't apply. Minimising the impact of IHT and protecting your family's financial future requires careful planning. The same goes for your mortgage and other liabilities. If you suffered critical illness, prolonged absence from work or even death, would your family be able to pay bills, buy food or cover the mortgage? No-one likes to think of the nightmare scenario, but a bit of preparation could help keep you and your family secure, whatever happens. |  | | |
*The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK, or clients that hold UK regulated contracts.
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