The question that everyone needs an answer to is,

When I die, will I pay inheritance tax?

Each of us has a personal allowance under which we will not suffer Inheritance Tax. However due to the growth in house values over recent years, most will now suffer Inheritance Tax on their estates.

Inheritance tax is usually paid on death and it is left to those who you leave behind to pick up the bill, which could easily amount to many tens of thousands of pounds.

In many cases, more than a quarter of people’s wealth is taken in inheritance tax.

We understand that planning for your estate is a delicate issue, with a wide range of people to consider and, not least, your own future to think about. That is why it is so important that you are confident that any arrangements truly reflect your needs, requirements and wishes. With so many choices to consider, you need to know that you can trust any arrangement that is recommended to you. Equally, by the time you’ve finished your planning, you will want to feel more in control of your affairs than you were at outset.

At Cavanagh we have built our Estate Planning Service around these important themes. Everyone’s situation is different and we have used our experience in Estate Planning to develop a straightforward number of steps to ensure that you end up with a solution that you are comfortable with. Once you are ready to discuss your needs, we will provide the prompts to help draw out the options available. So whatever the particular assets you own whether property, a business, cash or other investments, we will be able to highlight the choices available to you and the practical steps that you can take. Then once you are ready to act we will thoroughly research the solutions and arrangements to make sure that they are right for you and those dear to you.

Cavanagh Group is a trading name of Cavanagh Financial Management Limited which is authorised and regulated by The Financial Services Authority. The FSA does not regulate Taxation and Trust Advice.