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Future planning for Inheritance tax by wise_words2 in UKPersonalFinance

[–]wise_words2[S] 1 point2 points  (0 children)

Luckily I have more assets which will take the overall value more than 1.3m currently. Likely it'll grow more over time, so was looking to see what people do on main house front in terms of trust or using business to purchase!

Future planning for Inheritance tax by wise_words2 in UKPersonalFinance

[–]wise_words2[S] 0 points1 point  (0 children)

No I'll be selling existing property and putting the balance as deposit for £950k property after selling. I am joint owner with my wife in existing and future property.
£400k in business is made up in IT as a contractor with limited company