Paying 40% or 36% ?
Don’t get too excited! We haven’t made this up.
For deaths occurring after 06/04/2012 where an individual has left 10% or more of his/her net estate to charity, if IHT is still due on the balance, it will be charged at 36% instead of 40%.
Care Home Fees
What can you do about it?
Transferring your house and savings into a Family Protection Trust can protect them from this happening but we will need to assess your personal situation very carefully to make sure this is suitable. Contact us now to arrange an initial discuss.