Tax Trusts and Inheritance Tax:
Even though Benjamin Franklin once said “there are only 2 certainties – death and taxes”, most people would probably want to avoid actually having to pay tax on the death of a loved one.
Another (more recent) politician, Roy Jenkins, said “IHT is a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue”. A somewhat tongue in cheek comment, but never-the-less, with a high degree of truth.
More and more estates are getting caught by this tax, as the thresholds at which it becomes payable haven’t moved for several years. ProAktive have vast experience in planning and use a variety of tools and trusts in order to mitigate or even remove the liability entirely - freeing you to do what you do best.
Please note, Tax and Trust Planning is not regulated by the Financial Conduct Authority. Not all Inheritance Tax Planning Solutions are regulated by the Financial Conduct Authority.