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Feb 022017
 

Do you know……

From 6 April 2017, you’ll get a larger IHT threshold if you give away your home to your children.  A new residence allowance (the residence nil rate band ‘RNRB’) was announced in the 2016 Budget.  the allowance is set to increase by £25,000 each year, from £100,000 in April 2017 to £175,000 per person by 2020/21.  This in addition to the main nil-rate band.

Please contact us for information as to how you can make the most of your estate planning options.