Videos by Finawis Advisors in London. Plan, Protect and Preserve your wealth through generations with our Private Client Solutions. * STEP Associate * Full Member of Society of Will Writers
What is Generational Inheritance Tax?
Generational Inheritance Tax is a reality for most in the UK wherein money is taxed as it is inherited through the generations (i.e. when the money passes to your children’s children and so on).
In essence, this means that your children, and even your grandchildren, may be required to pay additional inheritance tax on money that you've already paid your 40% inheritance tax on!
This will normally be the case if you and your spouse have standard wills.
To discuss solutions, contact us via 📧 at [email protected].
🌎 https://www.finawis.com
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What is Generational Inheritance Tax? Generational Inheritance Tax is a reality for most in the UK wherein money is taxed as it is inherited through the generations (i.e. when the money passes to your children’s children and so on). In essence, this means that your children, and even your grandchildren, may be required to pay additional inheritance tax on money that you've already paid your 40% inheritance tax on! This will normally be the case if you and your spouse have standard wills. To discuss solutions, contact us via 📧 at [email protected]. 🌎 https://www.finawis.com #london #grant #grantsofprobate #inheritancetaxplanning #InheritanceTax #willwriting #LifetimePlanning #protectyourwealth #discretionarytrusts #nilrateband #lastwillandtestament #northwoodhills #northwood #pinner #Harrow #watford #probate #probatelawyer #probatecourt #probateattorney #DeedOfVariation #estateplanning #draftingawill #guardianship #lastingpowerofattorney #LPA #officeofpublicguardian #FinancialTimes #professionalasian