"Inheritance Tax is, broadly speaking, a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue." Roy Jenkins MP, Commons debate , 1986".
It is important that you are happy with the arrangements you have made to ensure your hard-earned money passes to the people you want it to go to.
Although Estate Planning is generally regarded as minimising or providing for the inheritance tax (IHT) liability on your estate when you die, Estate Planning is more than this.
The Feel Good About Money Estate Planning Facility summarises your estate and provides an indication whether your Estate is likely to have IHT liability now or in the future
Other Estate Planning tools available include The Will Planning Facility and the Executor Planning Facility.
The Financial Conduct Authority does not regulate Inheritance Tax Planning, Estate Planning, Will Writing Services and some forms of Mortgages.