Those of us who achieve any degree of success will have paid our fair share of tax during our lifetime, so a tax on our estate when we die can add insult to injury. Originally known as ‘Death Duty’ in 1894, Inheritance Tax is a tax paid on one’s estate when we die but is sometimes payable on trusts, or gifts made during our lifetime.
Inheritance tax is 40 per cent of the value of one’s estate over the threshold (individually £325,000 or up to £650,000 for a married couple 2018-19), or at 36 per cent if the estate qualifies for a reduced rate as a result of a charitable donation. There are a number of exemptions and financial planning methods that can legally reduce or mitigate one’s inheritance tax liability, saving literally thousands or hundreds of thousands of pounds.
My experience has been very good, especially the personal help from Philip Bowden-Pickstock
I was very happy with the service that Dartington provided with respect to our new mortgage and I have already recommended them to a friend
I have always been very satisfied with the advice and service I receive from them
My adviser Chris Galpin is very good at explaining how our investments and pensions work, and he is always available should we need advice
We used the services of the Chris Galpin and I cannot rate his helpfulness, knowledge or patience highly enough. He very efficiently soughted out the best mortgage for us and then got on with the application process with the minimal amount of fuss. Nothing was too much trouble and I will be using him in the future
All our dealings to date have been excellent, they have listened to our requirements made suitable suggestions and implemented them in a friendly and professional manner
I have had honest advice and when my husband died they did all the necessary paper work for me very swiftlly and did not charge. A friendly professional firm who quickly understand your needs – no hard sell – your protection paramount
I get a good personal service from an experienced and thoughtful person whom I have known for 30+ years, and trust. That’s very valuable to me even when we don’t entirely agree on priorities! He also advises me on things I need to get around to doing, and I usually follow his advice
I have been with Dartington since before they were Dartington, and the level of service has continued at the same high standard
They were recommended to me and I have already recommended them to others. They are good at explaining things in a way I understand
Never had any problems. Friendly consultancies
I trust my adviser
The financial adviser I have dealings with has been excellent over the years
for business owners, company directors and HR professionals.
If your pension pot is more than £30,000 you need to be very careful and get professional advice.
Whether we invest your money for the short or long term, or take a safe or more risky approach
Personal injury claimants have specific needs and circumstances to consider.
The UK has one of the highest rates of inheritance tax in the world.
The Trustee Act 2000 introduced a statutory duty of care upon trustees
The Court of Protection appoints deputies to act
Life expectancy is far greater than it was 50 years ago.
Pensions are much more flexible than they used to be.
Mortgages are loans secured against property in the form of a charge registered with HM Land Registry
Life insurance transfers the financial risk of your death from your family
Investing in today’s uncertain world and maximising returns
Financial planning advice involves working out how you are going to afford
The Welfare Reform and Pensions Act 1999 introduced pension sharing
Health and financial security are really important issues
Directors pensions remain one of the most tax-efficient ways for business owners
Business protection is about providing financial support if a director
Dartington Wealth Management Limited is Authorised and Regulated by the Financial Conduct Authority (FCA).
It is now a legal requirement for all employers to automatically enrol their eligible employees.