Wealth preservation

Planning steps to consider when passing wealth in the most tax-efficient way

Whether you have earned your wealth, inherited it or made shrewd investments, you will want to ensure that as little of it as possible ends up in the hands of HM Revenue & Customs. With careful planning and professional financial advice, it is possible to take preventative action to either reduce or mitigate a persons beneficiaries’ Inheritance Tax (IHT) bill – or mitigate it altogether. These are some of the main areas to consider.