You don't need to be rich for your estate to be subject to inheritance tax (IHT), also known as death duties inheriture. Inheritance tax is currently charged at 40% on the full value of your estate above the nil rate band. Your estate will include everything:

• Investments & Savings
• Home, Car & Personal effects
• Life Assurance, unless it is written in trust. 

Fehnert Financial Serives Ltd are very aware that inheritence tax can be an extra burden at a very stressful time.  However, there are ways to minimise taxation and leave your trustees the assets you wish.  Possible solutions can include creating trusts, utilising nil rate bands, arranging life assurance policies or utilising multi-life offshore products. 

For more information please contact our Tax Planning team here.