Inheritance Planning

You’ve worked hard throughout your life to ensure that your family are still well looked after financially when you are not around. With inheritance planning, we can help you live life to the full knowing that there will be plenty left over for your loved ones, as well as mitigating inheritance tax to pass on more of the money you’ve earned to those you want to have it.

What is Inheritance Tax?

Inheritance Tax (IHT) is a tax due on the value of a person’s estate over a certain sum. Presently the limit for an individual is £325,000 and for a married or widowed couple the limit is £650,000. The Government has set out a timetable for these limits to increase over the next few years, but the increases only benefit people if their property is valued at over £325,000, for a single person, or £650,000 for a married couple, widow or widower.

To ensure your wealth remains within your family it’s essential to have a plan in place. Our Inheritance Planning advisers are here for you, with expert knowledge of the Inheritance Tax system to help you pass on more of the estate which is rightfully yours.

One solution can be to place surplus cash into trust. A trust will allow you to have control over your funds and access to income if you need it, whilst reducing your taxable estate. Lomond Wealth has access to a wide range of trusts and can advise you on the most suitable one for you and your beneficiaries.

The Financial Conduct Authority does not regulate tax or estate planning.


Case Study

Why not read our case studies to hear from some of our clients

Read more

Speak to our team today

01786 542410 |