Bluebond: Inheritance Tax Advice Services

Inheritance tax UK 2019  is paid by those individuals who pass the threshold laid down by the government on the property that they have acquired. If the threshold is crossed, then the person becomes liable to pay the inheritance tax on any property or asset that he might have acquired as an heir or as a beneficiary.  Many individuals try to deal with inheritance tax UK 2019   on their own. But taking the help of professionals is the best approach to deal with the taxes. Many people feel that using professionals will increase their expenses. But that is simply not the case. The number of benefits that you can get by employing professionals will simply outweigh the expenses that you have to bear to employ their services. ·         Punctual services The professionals engaged in this field provide timely services to the clients. If you need a solution for  inheritance tax UK 2019  within two days, they will provide you w...

Are you looking for ways as to how to avoid inheritance tax on property? Then you must know about these simple ways so that you can easily provide financial security to your loved ones even after your death. Paying the inheritance tax could lead to a huge loss of money from the property. Hence it is better that you apply these techniques beforehand on the property to help avoid inheritance tax.   Ways on how to avoid inheritance tax on property   Listed below are some ways in which you can avoid paying inheritance tax on the property.   Give gifts When you are alive, give gifts. This is a good way to reduce inheritance tax on property. For example, you might transfer property to your kids but you continue to live in the property. Then the gift will not qualify for exemption from inheritance tax. If you are thinking of giving large gifts to your heirs or beneficiaries, then consult with a professional to know what benefits you can get from it.   ...

The Will sets out how you plan for your estate to be distributed to beneficiaries. Without a will, the estate will be distributed according to the rules of intestacy, which may be in line with your wishes. It is, therefore important to ensure that you have a properly drafted Will to ensure that all your wishes are met. When you make a will, you decide who inherits your assets. If you don’t the law decides. If you evacuate assets over a certain threshold there may be a substantial charge to Inheritance Tax . If you own a business or a company, succession planning is vitally important to deal with the ongoing running of the organization as well as future planning and direction. There are also associated capital income tax issues that need to be carefully addressed to ensure the most cost-effective outcome. Estate planning and Will drafting with all these issues in mind is something that Dibbers can advise you on to achieve your objectives and to secure your future and that of the organiz...

If you have assets over £2 million, excluding the value of your main residence, then we may advise that you should look into setting up a Family Investment Company (FIC). At this level UK inheritance tax becomes very expensive. Doing this allows you to pass on your wealth to your children by way of shares in that company. Arranging a family investment company will allow you to place cash or assets into the company and pass on your wealth free of Inheritance tax but retain control over the assets as a company director during your lifetime. Companies also offer a more effective and efficient tax environment for growth of assets than holding them personally. A Family Investment Company is a tax-efficient vehicle that enables an individual to pass assets out of their estates for inheritance tax (IHT) purposes while retaining control and protecting them. An FIC is a complicated strategy which is best managed with clients and intermediaries such as accountants, financial planners and...