- exeter tel: 01392 258553
- exmouth tel: 01395 279521
Estate Planning – leaving the maximum amount to those you choose
After a lifetime of building and protecting your personal wealth it must be a priority to ensure that as much, if not all, is left to who you want it to and not too the Taxman.
With property prices at ever increasing levels Inheritance Tax (IHT) is no longer a ‘voluntary tax’ on the wealthy and many estates face the prospect of paying 40% of the value in IHT.
The key with Estate planning is always to act as early as possible and plan ahead over a long period. This will ensure that the maximum amount of your wealth is handed down to future generations and also as you wish it to pass. Many people don’t even have a Will and even ignoring tax for a moment the rules of Intestacy can create many other problems.
We at TJ can help with all areas of estate and succession planning including helping with the drafting and updating of Wills.
Don’t leave it too late to act contact us now!