{"id":183,"date":"2019-10-08T14:34:56","date_gmt":"2019-10-08T14:34:56","guid":{"rendered":"http:\/\/finsbury-associates.com\/?page_id=183"},"modified":"2021-08-24T06:47:51","modified_gmt":"2021-08-24T06:47:51","slug":"estate-planning","status":"publish","type":"page","link":"https:\/\/finsbury-associates.com\/estate-planning\/","title":{"rendered":"Estate Planning"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero section&#8221; _builder_version=&#8221;4.9.4&#8243; background_enable_color=&#8221;off&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;rgba(0,0,0,0.39)&#8221; background_color_gradient_end=&#8221;rgba(0,0,0,0.56)&#8221; background_color_gradient_direction=&#8221;1deg&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/finsbury-associates.com\/wp-content\/uploads\/2020\/10\/8-e1629787623975.jpg&#8221; background_position=&#8221;center_right&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;0%||2.9%|||&#8221; hover_enabled=&#8221;0&#8243; locked=&#8221;off&#8221; title_text=&#8221;8&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_image src=&#8221;https:\/\/finsbury-associates.com\/wp-content\/uploads\/2019\/10\/Finsbury-White-out-gold-bar.png&#8221; alt=&#8221;Finsbury Associates &#8211; Financial Planning &#038; Financial Advisors Dubai UAE&#8221; title_text=&#8221;Finsbury-White-out gold bar&#8221; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;100%&#8221; custom_padding=&#8221;0px||0%||false|false&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Titillium Web||||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Titillium Web|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#ffffff&#8221; header_font_size=&#8221;70px&#8221; min_height=&#8221;246px&#8221; custom_margin=&#8221;||-1px|||&#8221; custom_padding=&#8221;||22px|||&#8221;]<\/p>\n<h1>Estate Planning<\/h1>\n<p>&nbsp;<\/p>\n<p>Passing on your wealth as an expat can be complicated. Be it wills, trusts, gifts, or tax. Ensure your assets are protected through proper succession planning.<\/p>\n<p>As an expat if you are potentially exposed to UK Inheritance Tax &#8211; speak to our estate planning specialists to see if you can minimise your tax bill.<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|700|||||||&#8221; text_text_color=&#8221;#A49564&#8243; text_font_size=&#8221;30px&#8221; background_color=&#8221;#FFFFFF&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding=&#8221;15px||15px||true|false&#8221; border_radii=&#8221;off|10px|10px||&#8221; border_width_all=&#8221;2px&#8221; border_color_all=&#8221;#FFFFFF&#8221;]<\/p>\n<p>UK Inheritance Tax <span style=\"color: #000000;\">starts at 40% <\/span><\/p>\n<p><span style=\"color: #000000;\">Can your estate <\/span>afford<span style=\"color: #000000;\"> this?<\/span><\/p>\n<p>[\/et_pb_text][et_pb_code disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;rgba(255,255,255,0.58)&#8221; custom_margin=&#8221;0px|0px|10px|0px|false|true&#8221; custom_padding=&#8221;10%|10%||10%|false|true&#8221; border_radii=&#8221;off|||10px|10px&#8221; border_width_all=&#8221;2px&#8221; border_color_all=&#8221;#ffffff&#8221; box_shadow_style=&#8221;preset1&#8243;]<!--[if lte IE 8]><!-- [et_pb_line_break_holder] --><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script><!-- [et_pb_line_break_holder] --><![endif]--><!-- [et_pb_line_break_holder] --><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><!-- [et_pb_line_break_holder] --><script><!-- [et_pb_line_break_holder] -->  hbspt.forms.create({<!-- [et_pb_line_break_holder] -->\tportalId: \"6136505\",<!-- [et_pb_line_break_holder] -->\tformId: \"52a82867-a1ac-4f2e-b78f-bccd9bd21038\"<!-- [et_pb_line_break_holder] -->});<!-- [et_pb_line_break_holder] --><\/script>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.29.3&#8243; custom_margin=&#8221;-3px|||||&#8221; custom_padding=&#8221;0px|0px|0px|0px|true|&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;3.29.3&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;||23px||false|false&#8221; custom_width_px=&#8221;1440px&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.29.3&#8243;][et_pb_code _builder_version=&#8221;3.29.3&#8243; min_height=&#8221;278px&#8221; custom_padding=&#8221;||0px|||&#8221;]<\/p>\n<div id=\"which-tool\"><\/div>\n<p><script type=\"text\/javascript\" src=\"https:\/\/pym.nprapps.org\/pym.v1.min.js\"><\/script><script>var pymParent=new pym.Parent('which-tool','https:\/\/www.which.co.uk\/static\/tools\/new-reviews\/inheritance-tax-calculator\/inheritance-tax-calculator.html',{});<\/script>[\/et_pb_code][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_button button_url=&#8221;#estateform&#8221; button_text=&#8221;Get in touch&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.0.11&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;30px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#a49564&#8243; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;14px&#8221; button_font=&#8221;|700|||||||&#8221; button_icon=&#8221;%%1%%&#8221; animation_style=&#8221;zoom&#8221; button_text_shadow_style=&#8221;preset3&#8243; button_text_shadow_blur_strength=&#8221;0em&#8221; box_shadow_style=&#8221;preset1&#8243;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.6.6&#8243; text_font=&#8221;||||||||&#8221; text_text_color=&#8221;#898f99&#8243; text_font_size=&#8221;15px&#8221; text_line_height=&#8221;1.5em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Lato|700|||||||&#8221; header_2_font_size=&#8221;42px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;Georgia&#8221;]<\/p>\n<h3 style=\"text-align: left;\"><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">This information is specifically formulated for UK expats or for individuals with UK assets. If you would like advice for any other nationality please contact us and we will get a specialist advisor to get in touch.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<h3 style=\"text-align: left;\">What is Inheritance Tax?<\/h3>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">Inheritance tax is a levy on the total value of lifetime gifts and assets (including the main residence) passing between owners on death.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">Cumulative transfers are taxed at 40% on death, although the first \u00a3325,000 is free from inheritance tax. <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">From April 2012, a reduced inheritance tax rate of 36% was introduced where 10% or more of the estate is left to charity. <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">Since October 2007, UK domiciled and deemed domiciled spouses and civil partners have been able to transfer their unused nil-rate-band allowances, in effect doubling the amount that can be passed on tax free. <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\">Any part of the nil-rate band not used when the first spouse or civil partner died can be transferred to the individual\u2019s surviving spouse or civil partner for use on their death. This change was applied retrospectively for any living widow or widower.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<h3 style=\"text-align: left;\"><\/h3>\n<h3 style=\"text-align: left;\">Why is it so complicated?<\/h3>\n<p style=\"text-align: left;\"><span size=\"3\" style=\"font-size: medium;\">UK Inheritance Tax has been developed and tweaked by successive governments to add in allowances, limits, and adjustments. <\/span><\/p>\n<p style=\"text-align: left;\"><span size=\"3\" style=\"font-size: medium;\">To add to this there are an equally complicated number of ways to legally\u00a0<strong>minimise your tax bill<\/strong> by structuring your estate properly. Speak to one of our UK tax experts today who can help guide you through this process. <a href=\"https:\/\/finsbury-associates.com\/contact-us\/\">Contact us<\/a> for more details about estate planning.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: inherit; font-weight: normal; font-size: medium;\"><\/span><\/p>\n<p style=\"text-align: left;\">[\/et_pb_text][et_pb_button button_url=&#8221;#estateform&#8221; button_text=&#8221;Can I pay less tax?&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;3.29.3&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;30px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#a49564&#8243; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;14px&#8221; button_font=&#8221;|700|||||||&#8221; button_icon=&#8221;%%1%%&#8221; animation_style=&#8221;zoom&#8221; button_text_shadow_style=&#8221;preset3&#8243; button_text_shadow_blur_strength=&#8221;0em&#8221; box_shadow_style=&#8221;preset1&#8243;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Team&#8221; _builder_version=&#8221;3.29.3&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;#ffffff&#8221; background_color_gradient_end=&#8221;#e8eefc&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;0px|0px|100px|0px||&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; custom_margin=&#8221;|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.29.3&#8243; text_font=&#8221;Lato||||||||&#8221; text_text_color=&#8221;#898f99&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;2em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Lato|700|||||||&#8221; header_2_font_size=&#8221;42px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221;]<\/p>\n<h2>Further Resources<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;3.29.3&#8243; background_color=&#8221;#ffffff&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;60px|30px|60px|30px&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;6%&#8221; animation_starting_opacity=&#8221;100%&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; border_color_all=&#8221;#3c39e6&#8243; border_width_top=&#8221;18px&#8221; box_shadow_style=&#8221;preset3&#8243; box_shadow_vertical=&#8221;39px&#8221; box_shadow_blur=&#8221;80px&#8221; box_shadow_color=&#8221;rgba(0,0,0,0.1)&#8221; custom_width_px=&#8221;1280px&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.29.3&#8243;][et_pb_post_slider include_categories=&#8221;14,12,21&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_post_slider][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero section&#8221; _builder_version=&#8221;3.29.3&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;rgba(255,255,255,0.87)&#8221; background_color_gradient_end=&#8221;#a49564&#8243; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/finsbury-associates.com\/wp-content\/uploads\/2019\/10\/iStock-941238518-paperwork-office.jpg&#8221; background_position=&#8221;top_center&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;0%||0%|||&#8221;][et_pb_row module_id=&#8221;estateform&#8221; _builder_version=&#8221;3.29.3&#8243; custom_margin=&#8221;|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_code _builder_version=&#8221;4.9.4&#8243; animation_style=&#8221;zoom&#8221;]<!--[if lte IE 8]><!-- [et_pb_line_break_holder] --><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script><!-- [et_pb_line_break_holder] --><![endif]--><!-- [et_pb_line_break_holder] --><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><!-- [et_pb_line_break_holder] --><script><!-- [et_pb_line_break_holder] -->  hbspt.forms.create({<!-- [et_pb_line_break_holder] -->\tportalId: \"6136505\",<!-- [et_pb_line_break_holder] -->\tformId: \"52a82867-a1ac-4f2e-b78f-bccd9bd21038\"<!-- [et_pb_line_break_holder] -->});<!-- [et_pb_line_break_holder] --><\/script>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Estate Planning &nbsp; Passing on your wealth as an expat can be complicated. Be it wills, trusts, gifts, or tax. Ensure your assets are protected through proper succession planning. As an expat if you are potentially exposed to UK Inheritance Tax &#8211; speak to our estate planning specialists to see if you can minimise your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","cybocfi_hide_featured_image":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/pages\/183"}],"collection":[{"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/comments?post=183"}],"version-history":[{"count":0,"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/pages\/183\/revisions"}],"wp:attachment":[{"href":"https:\/\/finsbury-associates.com\/wp-json\/wp\/v2\/media?parent=183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}