Can I protect my assets during my lifetime? We are all keen to protect our assets for our loved ones, during our lifetime AND after our death. We want to do the best for our spouse/partner and children. However, there are many questions that need addressing before the...
And how will it affect me and my loved ones? Inheritance tax (IHT) is charged on your death at the rate of 40% based on the value of your assets. Everyone benefits from something called “the nil rate band”. This means that at the moment a 40% tax rate applies if your...
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