General consensus suggested that people think inheritance tax planning is only for the wealthy. In fact nothing is further from the truth. Inheritance tax planning starts with making sure your Will is up to date, which should only cost a few hundred pounds with a local solicitor.

Failing to write a Will can be catastrophic as not all assets will automatically pass between husband and wife. Dying intestate (without a Will) increases the time it takes to redistribute the estate and not necessarily to those you had intended. Therefore ensuring your Will is up to date is an essential part of estate planning. As an Exeter based IFA we are on hand to assist you with expert advice for inheritance tax.