Inheritance Tax

Inheritance tax advice

Prevent paying up a huge amount of money in taxes when you inherit an income with expert help from Michael Williams Financial Services Ltd in Evesham.

About inheritance taxes

Inheritance tax can cost your loved ones hundreds of thousands of pounds in the event of your death. However, it's possible to legally avoid huge swathes of it or possibly pay none at all. After your death, the government assesses how much your estate is worth. This includes the cash you have in the bank or in investments, any property or business you own, vehicles and even payouts from life insurance policies. It then deducts your debts from this to give the value of your estate.
 
If this exceeds the inheritance tax threshold of £325,000 (£650,000 for married couples and civil partnerships) set by the Chancellor, you (or technically, your estate) will pay a tax at 40% on the amount over and above the threshold when you die. This is reduced to 36% if you leave at least 10% to a charity. We will provide you with an initial report of the options available to you to reduce the inheritance tax on your estate or even totally avoid this tax.

(Figures quoted above are correct as of the 2015/16 budget) 

Please note that the Financial Conduct Authority does not regulate Inheritance Tax advice.
 
Contact us
Michael Williams Financial Services Ltd icon
To get inheritance tax advice from our team of professionals in Evesham,
contact us at Michael Williams Financial Services Ltd on
01386 422 461
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