Financial Advice for Elderly

At The Sandwich Generation you can receive financial advice for elderly people. For savings, will writing and planning for the future, because in the future your loved ones may not want you leave you with a hefty Inheritance Tax bill.

Inheritance Tax is only due if your estate – including any assets held in trust and gifts made within seven years of death – is valued over the current Inheritance Tax threshold (£312,000 in 2008-09). The tax is payable at 40 per cent on the amount over this threshold.

Inheritance Tax is usually paid on an estate when somebody dies. It’s also sometimes payable on trusts or gifts made during someone’s lifetime. Most estates don’t have to pay Inheritance Tax because they are valued at less than the threshold (£312,000 in 2008-09).

To find out more about financial advice for elderly and much more please visit our website. Alternatively, please don’t hesitate to contact us.