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Inheritance Tax Planning and Advice

4 months ago

ID: #121717

Business Description

Inheritance Tax Planning involves strategizing to minimise the tax liability on assets passed down to heirs after someone passes away. This proactive financial planning aims to use legal tools and structures to reduce the amount of inheritance tax payable, ensuring that more of the estate's value goes to beneficiaries rather than to taxes. Key methods include trusts, gifts, and taking advantage of exemptions and reliefs provided by tax laws to optimise the distribution of wealth across generations.

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