One of the ways to minimise the Inheritance Tax due on your estate when you die is to make charitable gifts in you will. Although not always considered part of estate planning, charitable gifts can reduce the inheritance tax rate on death from 40% to 36% if used in the correct way.

Other videos you might be interested in:

1. What is Inheritance Tax and how much is it? – [ Ссылка ]

2. How the Residence Nil Rate Band tapers for estates over £2m – [ Ссылка ]

3. PETS 7 year rule and taper relief – [ Ссылка ]

4. Which gifts are exempt from inheritance tax? – [ Ссылка ]

5. The residence nil rate band explained – [ Ссылка ]

6. Changing a will after death with a deed of variation to reduce Inheritance Tax – [ Ссылка ]

Thanks for checking out my You Tube channel - I’m Justin King and my aim is to help people to live successful lives.

If you enjoy this video, please press the like button to help more people like you find my channel.

If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you.

As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete financial confidence.

To explore whether I could help you, get in touch at [ Ссылка ].

Connect with me: On Twitter: [ Ссылка ] On LinkedIn: [ Ссылка ] Or check out my podcast: [ Ссылка ]

This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!

свернуть