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Check if your estate is protected from the tax man.
At Connected Accounting we can help people in the St Albans 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 St Albans area and would like advice on inheritance tax planning and estate planning, please contact Connected Accounting today. We will be delighted to assist you.
21 Mar 2025
The Bank of England is walking a 'tightrope' on interest rates in the face of global uncertainty and cost pressures, says the British Chambers of Commerce (BCC).
20 Mar 2025
Chancellor Rachel Reeves should consider increasing taxes at this month's Spring Statement, according to the Resolution Foundation.
19 Mar 2025
UK growth will be weaker than previously expected this year and next, according to the Organisation for Economic Co-operation and Development (OECD).
18 Mar 2025
Chancellor unveils plan to cut red tape
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The Payment Systems Regulator (PSR) is set to act to reduce card payment fees for businesses and consumers in the UK.
14 Mar 2025
Data published by the Office for National Statistics (ONS) has revealed that the UK economy unexpectedly shrank in January 2025.
13 Mar 2025
The British Chambers of Commerce (BCC) has called for the government to 'tackle the problems of the UK's worn out infrastructure' in order to boost economic growth.
12 Mar 2025
The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury.
Get in touch with us today for a fresh perspective and a free consultation.