Financial case study on IHT estate planningThere are several ways to reduce your IHT liability. Your Anstee & Co financial adviser can give you more information about the options shown below.

How to reduce IHT

  • Make lifetime gifts to reduce your taxable estate.
  • Use the annual exemption, small gift and regular gifts from income.
  • Plan for the new residence nil rate band taking effect from April 2017.

IHT information that you might find useful.

Inheritance tax (IHT) is a tax on the state (property, money and possessions) of someone who is dead. If your taxable estate is worth more than £325,000, you should think about IHT planning. When you die, your estate could face a tax bill that your loved ones will have to pay. By planning ahead with your financial adviser, you could make that less of an issue for them, either by acting to reduce your tax bill or by setting up a way for them to pay it easily.

IHT can be payable on the value of your assets when you die. It covers your estate, which can include: your house; savings and investments; jewellery; cars; art; other properties, including holiday homes abroad; and pay-outs from life insurance policies. The level of IHT your estate pays will depend on the amount your taxable estate is worth and the tax allowances in place at the time.

How Anstee & Co can help you.

We are a firm of Independent Financial Advisers. This means that the advice we give is unbiased. We will look at all the financial planning options available to you from the “whole of market”.

From 6 April 2017, there will be some major changes in IHT. For up to date information, book a free initial appointment with one of our expert financial advisers. After understanding your situation we will offer you independent, unbiased financial advice. A little bit of financial planning today can make a big difference in the future.

We have offices located at-call back ( IHT ) Inheritance Tax logo

Kettering, Northamptonshire

Stamford, Lincolnshire

Towcester, Northamptonshire

London, Pall Mall, Greater London

Also, our financial planners live and make use of meeting rooms in

Bedford, Bedfordshire

Market Harborough, Leicestershire

Northampton, Wellingborough and Brackley, Northamptonshire