Helen Morrissey reveals the results of this month's Inquiry and explains why there has never been a more important time to think about estate planning
Massive house price inflation over the years means more families than ever before could find themselves subject to inheritance tax (IHT). This situation will only grow worse now that the IHT threshold has been effectively frozen at £325,000 until at least 2015. Estate planning processes such as making wills and using trusts can all play a part in saving clients vast amounts of money. It also gives them the peace of mind of knowing who will benefit from their assets when they are gone. However, such processes are often ignored by clients or else not undertaken until it's too late. T...
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