The Importance of Estate Planning

24 May 2022

With Inheritance Tax thresholds frozen, more people's wealth has become drawn into the scope of Inheritance Tax.

The standard rate of Inheritance Tax is 40%, but with careful estate planning it is possible to significantly reduce your potential Inheritance Tax exposure thanks to a series of allowances, exemptions and gift-giving.  To learn more have a read of our Estate Planning Update and get in touch with your Daly Park Accountant for specific advice.