It is often said that the only two certainties in life are “Death & Taxes”.  Of all the taxes that we pay perhaps the most insidious is the one that combines the two - Inheritance Tax.

Having paid tax all your life, upon death all assets that you’ve accumulated out of after taxed income are further taxed when they pass to anyone other than your spouse.

Once your Estate is valued at more than £325,000 the excess is taxed at 40%

However with the correct planning and advice it is possible to significantly reduce or even eliminate its impact.

We at Globe employ a range of legal strategies to neutralise this tax.

The earlier you start to employ these strategies the better, but it’s never too late to make a difference.

The Financial Services Authority does not regulate taxation and trust advice.

 

 

Andrew Connolly service@globeifa.co.uk
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