Ipswich Financial Adviser

Posts Tagged ‘will’

Inheritance tax issues can be a worry to people. There are some simple financial planning techniques that can be used to help eliminate or reduce the possibility of this tax being charged on death.

Once of the simplest ways to help the situation is to write a will. With a well written will, it not only ensures you wishes are carried out on your death but will help with the reduction or elimination of a possible inheritance tax bill.

If you would like help or advice in writing a will we have excellent contacts with Solicitors and will writers that would be able to write an inheritance tax friendly will for you.

Please contact  Thompson Financial Consulting and we will help you make the most of your money

A simple form of tax planning is to ensure you have made a will.

Do make sure you get a professional to write the will for you as by “doing it yourself” you may actual cause more tax and issues within your estate once you pass away.

The will ensures your assets are passed to your beneficiaries and that you do not die intestate (without a will). If this happens then there are prescribed rules as to how your estate is divided up and this could cause unnecessary inheritance tax to be paid and the money to go to people you had no intention of receiving any money.

If you need a referral to a good will writer then please feel free to contact Thompson Financial Consulting and we will be happy to get you the advice that you need.