Sep 3 2007
British consumers that are concerned about how inheritance tax issues could impact their family have been offered the chance to receive expert advice on the subject from the Edward Jones financial services group.
A seminar event, which is to be staged in Exeter on September 11th, will aim to make clear to consumers that it is not only wealthy people that face the prospect of inheritance tax.
Indeed, with house prices continuing to rise across the UK, Edward Jones is keen to stress that inheritance tax can is becoming a concern for thousands of British families.
"Many people don't realise how much their estate can amount to once everything is taken into account - house, car, possessions, business interests, savings, shares, jewellery and so on," said Alan Stone, a financial adviser and stockbroker with Edward Jones in Exeter.
"It's very easy for an estate to be worth a lot more than the current £300,000 inheritance tax threshold, with tax charged at 40 per cent on everything above this limit."
The Treasury estimates that inheritance tax will raise close to £4 billion annually for the government by 2008.
