Bluebond Tax Planning @tax_inheritance
For over 18 years, I have been helping clients to preserve their wealth with zero Inheritance Tax. bluebond.co.uk St Albans, Hertfordshire UK Joined August 2009-
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Estate planning myths that just won’t die Estate planning remains probably the most misunderstood area of Financial Planning. Some clients think they just need a little Financial Planning but not any Estate Planning. Learn more: buff.ly/37speRi #estateplanning #Wills
Why can’t I just write my own Will and do my Estate Planning myself? You can if you choose to.The question is, ‘is this sensible practice?’ – even if you are not part of the wealthy retired. Learn more: buff.ly/3prwdjz Book a free Consultation: buff.ly/3eVNkq6
How is Inheritance Tax paid? Inheritance Tax (IHT) is usually only payable on the second death within a married couple providing suitable Wills have been drawn up leaving the excess over the NRB to the surviving spouse. Learn more: buff.ly/3qHdqT2 #inheritancetax
Who can be a Trustee? In general, you, the Settlor, can appoint individuals or a corporate Trustee. The Trustees could be another family member or a close friend. Learn more: buff.ly/37S3pv0 Book a free Consultation: buff.ly/3eVNkq6 #Trust #TrustFund #FamilyTrust
What is Lifetime Time Family Trust? A Lifetime Family Trust is basically a Discretionary Trust, set up to protect your assets for your own bloodline. Learn more:buff.ly/37S3pv0 Book a free Consultation: buff.ly/3eVNkq6 #Trust #TrustFund #FamilyTrust #LifetimeTrust
What is Probate? Probate is the term used when talking about applying for the right to deal with a deceased person’s affairs. Learn more: buff.ly/3prwdjz Book a free Consultation: buff.ly/3eVNkq6 #avoidinheritancetax #IHT #IHTplanning #Probate #wills
8 free ways to avoid Inheritance Tax 8. Exempt Assets - Every UK domiciled person is entitled to this automatically, and it is transferable between spouses and civil partners. Learn more: buff.ly/3a2dYvq Book a FREE Consultation: buff.ly/3eVNkq6 #inheritancetax
8 free ways to avoid Inheritance Tax 7.Nil Rate Band - Every UK domiciled person is entitled to this automatically, and it is transferable between spouses and civil partners. Learn more: buff.ly/3a2dYvq Book a free Consultation: buff.ly/3eVNkq6 #lNIlRateband #iht
8 Free ways to avoid Inheritance Tax 6. Resident Nil Rate Band - This is a relatively new allowance. Each person that owns their home on death or has registered it when he/she goes into care effectively get a £175,000 allowance. Learn more: buff.ly/3a2dYvq
8 free ways to avoid Inheritance Tax 5. Gifts into Trust - This is known as a Chargeable Lifetime Transfer. It isn’t technically limited, but if you make a gift which exceeds £325,000, then you pay an immediate Inheritance Tax charge of 20%. Learn more: buff.ly/3a2dYvq
8 Free ways to avoid Inheritance Tax 4. Large Direct Gifts - Generally speaking, a gift that is over £3,000 a year would be classed as a large gift. Learn more: buff.ly/3a2dYvq Book a free Consultation: buff.ly/3eVNkq6 #inheritancetaxplanning #avoidinheritancetax
8 Free ways to avoid Inheritance Tax 3. GNI - GNI stands for Gifts out of Normal Income. This is a really useful and generally underutilized allowance. However, it does require having sufficient income as the gift cannot come from capital. Learn more:buff.ly/3a2dYvq #iht
8 free ways to avoid Inheritance Tax 2.Small Gifts – Did you know you could give a small gift of up to £3,000 a year which is exempt from Inheritance Tax? Learn more: buff.ly/3a2dYvq Book a free Consultation: buff.ly/3eVNkq6 #inheritance #avoidinheritancetax #iht
8 Free ways to avoid Inheritance Tax 1.SKI - The first thing that you can do is SKI (Spending the Kid’s Inheritance). This can be a great way of improving your lifestyle as well as reducing the amount of Inheritance Tax Learn more: buff.ly/3a2dYvq
Client Speak #inheritance #probate #estateplanning #inheritancetaxplanning #avoidinheritancetax #avoidtax #protectingassets #estateplanninguk #IHT #IHTplanning #Wills #Trust #TrustFund #PropertyTax #IHTUK
Grandparents to pass on more money to their families in the wake of Covid-19 Experts say many people are in line for windfalls, but should start preparing now to avoid a hefty levy #inheritance #probate #estateplanning #inheritancetaxplanning #avoidinheritancetax #avoidtax #IHTUK
“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” ―Winston S. Churchill #inheritance #probate #estateplanning #inheritancetaxplanning #avoidinheritancetax #avoidtax #protectingassets
INHERITANCE TAX & probate are vital issues which many people will eventually have to confront. Britons are being urged to be more open with family members & to plan ahead to avoid complications. How to avoid IHT -buff.ly/3obtwD0 Get a FREE call: buff.ly/3eVNkq6
INHERITANCE TAX bills could affect more families this year as the economy struggles as a result of the coronavirus pandemic Learn how to avoid IHT - buff.ly/3obtwD0 Book a FREE Consultation: buff.ly/3eVNkq6 #probate #estateplanning #inheritancetaxplanning #IHT
Client Speak #inheritance #probate #estateplanning #inheritancetaxplanning #avoidinheritancetax #avoidtax #protectingassets #estateplanninguk #IHT #IHTplanning #Wills #Trust #TrustFund #PropertyTax #IHTUK
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