Financial Advisors and Inheritance Planning

The best solution for many people is having the right Will and excellent finacial planning advice

Financial advice and planning is a very important part of Inheritance Planning for most people. Doing it right will mean you are making sure your family is taken care of financially if something happens to you.

We can put you in touch one of the excellent Financial Advisors we work with. You can get free expert advice and a free financial review as well. And working together we can provide a comprehensive solution for your circumstances.

Inheritance Tax Considerations

You have probably heard about Inheritance Tax (the so-called ‘death tax’) and perhaps even thought about what your situation is in relationship to it. The threshold in 2009/10 has been set at £325,000, although this amount is subject to change every year.

Even if your estate is over the threshold, there are ways of passing on assets without paying inheritance tax: donations, gifts, transfers, and exemptions form a complex legal area. It pays to have expert guidance and help to ensure that things run smoothly.

Care Home Fees and Finances

How much you pay towards your care home fees will depend on your local council. Before moving into a care home, they will carry out a financial assessment to determine how much you pay, if anything, towards the cost of your care. But this does not necessarily mean having to sell your own home or liquidate assets that you would prefer to be retained as an inheritance for your loved ones. See more here Care Home Fees – Facts.

Would you like to learn more about inheritance and financial planning?

Call us on 01225 582582 or 07942 959599, connect on Skype lawscapeuk or Contact Us online.

Find out more about using our services in our How we Work section.