Seminar aims to help people reduce their inheritance tax

July 1, 2015
By

Financial services company Hartsfield is hosting a free seminar to help people find out how to pass on more of their hard-earned wealth to their loved ones – and less to the taxman.

The firm has teamed up with insurer Canada Life to stage the event, which takes place from 2.30pm-4.30pm on July 16 at Hartsfield’s offices at Hartham Park, Corsham. Cake and refreshments will be provided.

Business development director Julian Puddy, pictured, said the seminar was aimed at anyone who thinks they may be liable to pay inheritance tax (IHT) and who wants to reduce that liability to a minimum.

“People often think only the wealthy pay inheritance tax, but in fact at the moment IHT is potentially liable on any estate worth more than £325,000, or £650,000 for married couples,” he said.

“Given the way house prices are continuing to rise, that means many, many people will be caught in the net. The estate includes the family home and means that a couple with an estate of £1m could have an IHT bill of £140,000.

“The Conservative Government has said it may change the rules on IHT, but even if this happens, hard-working people will want to ensure they hand on as much of their estate as possible to their loved ones, and to keep their contribution to the Exchequer to a minimum.”

Using the combined expertise of Hartsfield and Canada Life, the seminar will look at some tried and tested ways of reducing inheritance tax liabilities.

Booking can be made via www.hartsfield-seminar.eventbrite.co.uk, by emailing seminars@hartsfield.co.uk or calling one of the team on 01249 400150.

 

 

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