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At Mitchells we can help people in the Cheltenham area with inheritance tax planning and estate planning. Here are some useful pointers...
It is never too early to plan your estate. If it is large, it could be exposed to inheritance tax at 40%, and if it is small, advance planning can help you ensure that your assets will go to your chosen beneficiaries.
Estate planning begins with the following decisions:
A Will should also stipulate who is to be your minor child(ren)'s guardian. Although making a Will makes your decision legally binding, the Will can be amended any time you change your mind.
Start by completing the following survey. Every 'no' answer indicates an area where estate planning issues should be addressed.
SEEK OUR ADVICE FOR EVERY 'NO' ANSWER
If you are in the Cheltenham area and would like advice on inheritance tax planning and estate planning, please contact Mitchells today. We will be delighted to assist you.
26 Oct 2021
The Confederation of British Industry (CBI) has warned the government against introducing new business tax rises in this week's Autumn Budget.
25 Oct 2021
Research carried out by property group Savills has found that half of first-time buyer home purchases are financed by the so-called 'bank of mum and dad'.