Inheritance Tax Planning

Tweed Financial Services

Inheritance Tax Planning

The basic principles in financial planning start depending on a client’s individual circumstance so that in the event of a life changing event such as critical ill or passing away either you or you family are financially secure and can deal with would what be an already heart-breaking scenario with some comfort knowing that your business / house / family security is assured.

Having built up a significant estate it is so important to plan, so in the event of your death, any value in your estate above the Nil Rate Band passes to the beneficiary without any deduction of Inheritance Tax.

One of the options to make sure this happens is by using Life Assurance that can be put into trust to cover any liability. This is one of the most effective ways of dealing with any potential Tax Bill whilst still having full control of your assets.

When giving away money for Inheritance Tax purposes using the Potentially Exempt Transfers 7-year rule, then whilst there is a tax liability within the 7 year period a Life Assurance can be used to protect against this liability, after the 7 years lapses so does the life assurance policy, with no pay-out, it is solely for protection purposes only and has no cash in value at any time.

Want to learn more about our Inheritance Tax Planning Services and how we can help you make the most of your money?


Chambers House,
72 High Street, Peebles,
Peeblesshire, EH45 8SW.
Tel/Fax: 01721 721618

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