Have you considered leaving a gift to charity in your Will after making provision for your loved ones?
According to legacies experts Remember a Charity, a gift to charity is not only free from inheritance tax but if you leave more than 10% of your net estate to charity then the total amount of inheritance tax you pay reduces from 40% to 36%. With government proposals to make pension pots subject to inheritance tax, there’s no better time to consider how you can make tax savings by leaving a gift in your Will.
Please contact Caroline Wren on 01923 886 315 for a confidential, no obligation chat.