Cheers to being a ‘Million-Heir’

By | 08.2018|Inheritance Tax|

With estate planning, you can decide what happens to your money and possessions (even your pets) should something happen to you. But, Estate Planning is useful in other ways too - it can help you minimise any Inheritance Tax liability and ensure your wishes are carried out in the event of your death if you [...]

Inheritance Tax & AIM

By | 05.2018|Inheritance Tax|

We are always seeking solutions for our clients and looking to provide products that will help them manage their assets more efficiently, with the aim of protecting and growing their wealth for the future. Preparing for Inheritance Tax (IHT) is an area that regularly impacts on our clients’ financial and legal planning. Across HWM, depending [...]

Avoid Getting Tied Up in Knots by the RNRB

By | 09.2017|Inheritance Tax, Uncategorised|

It is fair to say a simple concept has turned out to be a complex reality, which raises a number of planning questions and concerns for advisers and clients. The current level of Nil Rate Band (NRB), set at £325,000 from April 2009, has been frozen at that level ever since and is due to [...]

Inheritance Tax – What are the numbers?

By | 06.2017|Inheritance Tax|

As of April 2017, the new Inheritance tax (IHT) rules have come into force, but what do they mean? As it stands each person in the UK has a Nil Rate Band (NRB).  The NRB is the amount that you have within your estate before you pay any Inheritance tax.  For any type of asset [...]

Residence Nil Rate Band: The Basic Rules

By | 04.2017|Inheritance Tax|

As ever, there’s nothing simple about the new Residence Nil Rate Band (RNRB) allowances and rules which is why we've laid out the basics below. Inheritance Tax and RNRB are complicated and are totally dependent on each individual so we would always recommend seeking the help of a professional if you want to get further [...]