Inheritance Tax Planning, Life assurance & Income Protection

INHERITANCE TAX PLANNING

The Government's revenue from Inheritance Tax has increased dramatically in recent years.

After a lifetime of building a business or repaying a mortgage and establishing your financial security, it could be the Inland Revenue that is the largest single beneficiary of your estate.

By analysing your present assets and liabilities, we can help you to reduce or even eliminate this tax liability on your estate.

This can be achieved by implementing trusts associated with life assurance or investments and would usually be arranged involving consultations with your solicitor.

It is vitally important that you arrange a Will, and if required, we can refer you to solicitors, to ensure that this is effected correctly to suit your wishes.

LIFE ASSURANCES AND INCOME PROTECTION

You may have adequately insured your house, car, business equipment, but have you insured the most important assets?? - You, your spouse or the people who work for you??

In Britain today, very few businesses have considered the implications of losing the services of their directors, key employees or partners. Whether through disability, death or serious illness, such a loss can have devastating financial consequences for you and your family, and your business.

It is true to say that 1 in 4 people are likely to suffer a serious illness or death, during their working life. What would be the financial implications to you, should you be unable to work for one or two years, due to an accident or illness?

What freedom of choice would you have if you were diagnosed as having a heart attack or a stroke for example? Would you be able to take three months off work to convalesce or perhaps longer to reassess your lifestyle?

We can arrange cover to provide a lump sum, or an income benefit, in order to maintain your financial security.