FAQ’s
Frequently ask questions.
Common Questions
Most Popular Questions
Rules concerning taxation change frequently. It is vital to take the correct advice in order to maximise your Estate to your chosen beneficiaries. You receive a personal allowance for this tax in the same way that you do for Income Tax. This allowance is called the Nil Rate band. It is currently set at £325,000.00 and any amounts in your estate above this would be subjected to Inheritance tax at a rate of 40%. You may qualify for an additional allowance called The Residence Nil Rate Band. This allowance can be as much as £175,000. The amount of RNRB you receive is dependent on your circumstances. There are some exemptions to from Inheritance Tax. Your Personal Estate Planner can assist you to plan your affairs in the right way for you.
Every client has different requirements and priorities. We have no ‘one size fits all’ approach as we are all different in what we want to happen when we die. The cost of a Will can vary according to the content. A straightforward Will costs as little as £100.00 plus VAT.
Spring Offer!
Until further notice we are offering Lasting Powers of Attorney for £120 each when you buy both Finance and Welfare documents.
Contact us quoting SPRINGLPA to take advantage of this wonderful offer.