23 July 2012

Living Wills and IHT Planning

Living Wills

A Living Will can record your wishes, with respect to certain medical procedures that are/are not to be employed on loss of mental capacity ("advanced directive"). Alternatively, a Living Will can record your beliefs on such procedures for the family to consider should a difficult decision with regard to your health have to be made ("non-advanced directive").

Inheritance Tax Planning

Inheritance Tax is effectively a death tax payable on people's estates. The first £312,000.00 (as at April 2008) is not taxable. However, any monies in excess of that figure are then taxed at a rate of 40%. We can help minimise the inheritance tax payable on your estate and there are many different ways of doing this, depending on your particular circumstances. Please read our information sheet below and give us a call.

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