In January 2022, HM Revenue & Customs collected £5 billion in Inheritance Tax, which is up by £700 million from the same period a year earlier. This rise poses a number of risks and difficulties for Financial Advisers, but also offers many opportunities.
Kings Court Trust’s latest blog on intergenerational wealth transfer covers:
- Interesting statistics that demonstrate the increase in transfers
- Potential risks and benefits of these increasing numbers
- How and why you should discuss wealth transfer with clients
- How estate administration can aid these conversations
Kings Court Trust is an award-winning estate administration provider who takes care of the practicalities after death. If you have any questions about estate administration or how you can work in partnership with Kings Court Trust, call them on 0333 207 5470 or email [email protected].
This article was submitted to be published by Kings Court Trust as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.