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Check if your estate is protected from the tax man.
At Ashworth Treasure we can help people in the Lancashire area with inheritance tax planning and estate planning. Here are some useful pointers...
It is never too early to plan your estate. If it is large, it could be exposed to inheritance tax at 40%, and if it is small, advance planning can help you ensure that your assets will go to your chosen beneficiaries.
Estate planning begins with the following decisions:
A Will should also stipulate who is to be your minor child(ren)'s guardian. Although making a Will makes your decision legally binding, the Will can be amended any time you change your mind.
Start by completing the following survey. Every 'no' answer indicates an area where estate planning issues should be addressed.
SEEK OUR ADVICE FOR EVERY 'NO' ANSWER
If you are in the Lancashire area and would like advice on inheritance tax planning and estate planning, please contact Ashworth Treasure today. We will be delighted to assist you.
15 Jan 2021
HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns.
14 Jan 2021
Tax payments worth over £69 million are being spread through HMRC's Time to Pay facility, according to the tax authority.