Wish a Tax Planning Review

This issue is much neglected.  Inheritance tax is now eating into the estates of many people who do not consider themselves to be wealthy.  There are many ways open still to mitigate this tax – leaving larger sums to your beneficiaries. Expert advice could save many thousands of pounds of tax being paid. It is wise to take independent help and advice please phone our Senior Issues Team 0845 8553300 or alternatively complete the form below and your details will be passed to an Independent Specialist Adviser who will contact you.

Heres a quick example:

Mr. Careless and Miss Worriknot
An unmarried couple with children have assets worth £300,000 each. If they leave every thing to each other the outcome will look like this

First death
Whole £312,000 is taxable at 0%
Inheritance Tax payable £0

Second death
First £312,000 is taxable at 0%
Next £312,00 is taxable at 40%
Inheritance tax Payable £124,800

If a little tax planning had been carried out the result could be quite different - If on first death the estate has passed to a discrectionary trust for the survivor and the children then the result would be

First death
Whole £312,000 is taxable at 0%
Inheritance Tax payable £0

Second death
First £312,000 is taxable at 0%
Inheritance Tax Payable £0

Trust then pays out to children
Inheritance Tax Payable £0

Tax saving to children £124,800

Your Details

Your Name*
Date of Birth
Current Age
Marital Status	^^Single^Married^Divorced^Widowed^Not disclosed^Separated^
Address
Is This Your Main Residence	Yes No
Telephone Number
Mobile Number
Email Address*
Best Time to Contact	^^Morning^Afternoon^Evening^Weekend^

Your Property Details

Home Owner?	Yes No
Estimated Value of Property
Existing Mortgage	Yes No
Outstanding Loan Amount
Any Penalties Due if Repaid	Yes No
Existing Lender
Account Number
Title Deeds Held with
Any Other Secured Loans?	Yes No
If Yes How Much?
Secured Lender Details
Pension Details Per Month
Life Insurance
Savings
Investments
Tax Planning Required	Yes No
Wills(s) Required?	Yes No
Power of Attourney Required?	Yes No

Confirmation

I/We hereby give consent for an independent advisor to call me/us to discuss further
Please tick*