How to avoid unnecessary tax!
We all benefit from paying tax but too many people actually overpay the taxman, overburdening themselves and their families. With the right planning in place you can ensure that your family does not lose out. We’ll discuss Inheritance Tax and Capital Gains Tax and how to reduce what is owed. These are all important steps you can take legally, using guidance from HMRC, to pay no more than you need to. What difference can it make? In some cases thousands, in others tens of thousands of pounds. Find out how planning can help you.
Avoid Misdirection Of Assets
This affects so many families but with the right planning strategy in place it is possible to have far greater control. If you are concerned about family assets going to people you would not choose, perhaps in-laws in divorces or to next generation insolvencies that cannot be predicted, come and find out how to minimise the risks. We can discuss things like how to leave assets to children and grandchildren in a way that minimises the risk of disinheritance due to divorce, relationship breakdown or remarriage.
Make Significant Savings On Probate Fees
Proving probate can be expensive but forward planning can avoid much of the hassle. Avoid the ordeals and expense of legal fees.
It is so important in this day and age to understand fully the costs you are liable to pay for care fees should it become relevant in later life. This is particularly important if you have assets worth more than £14,250. Should you require care you could be required to pay £1,000 a week or more, depending on the circumstances. We will discuss how the care system works in detail at the seminar.
How can you avoid unwanted claims on your Estate?
There are many ways of doing this
How can you best protect disabled or vulnerable family members after you die?
The seminar will also cover very important ways to protect family members who require support. This will include Trusts.
We will also cover:
- How to avoid Court of Protection control
- How to protect your Estate from bankruptcy
- Why a Will is not enough to get the best protection
- Your questions – how will all of this affect you?