Retirement Planning
Helping hand
Jennifer Lowe, 11 April 2008
Wealth manager Rensburg Sheppards Investment Management is to run a series of inheritance tax seminars in May across the UK.
Designed for investors who wish to gain a better understanding of the implications of inheritance tax (IHT) and the steps that can be taken to lessen its impact, the seminars include a presentation by Danby Bloch, editorial director at Taxbriefs.
Graham Barber, head of financial planning at Rensburg Sheppards Investment Management, says, ‘People should not be blinded by the recent IHT reforms announced by the chancellor and, while death is a subject not many individuals want to dwell upon, they should take action to reduce the IHT burden.
‘Although these reforms appear beneficial, they are not as generous as most people have been led to believe. Ultimately, hundreds of thousands of people will remain liable for 40 per cent inheritance taxation over the next few years.’
According to Rensburg Sheppards, the seminars will show how astute IHT planning, including making cash gifts, transferring assets and setting up trust funds, can help to protect estates from IHT without comprising an individual’s financial status.
The seminars are free of charge and commence on 6 May in Belfast, concluding on 22 May in London, where the seminar is to be chaired by What Investment editor, Keiron Root. The seminars are set to visit eight UK locations in total, full details of which are available at www.rensburgsheppards.co.uk
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