Show Notes
Book a 1:1 Consultation & Financial Plan With Paul: https://askaboutwealth.ie/consultancy
In this episode, we break down why inheritance tax can result in the same wealth being taxed twice, and why doing nothing is often the most expensive option of all.
We cover: - Why inheritance tax can wipe out over 33% of a family estate, even after a lifetime of income and capital taxes - The key reasons to consider gifting assets during your lifetime, including protecting today’s thresholds and future growth - How control can be retained using trusts and family partnerships, while still reducing tax - Other powerful planning tools, including familial allowances, exempt assets, and Fair Deal planning Hosted on Acast. See acast.com/privacy for more information.
More from Ask About Wealth
For a 1:1 consultation with Paul: https://askaboutwealth.ie/consultancy
This week Paul is joined by Alan Merriman, founder of Elkstone, for an educational conversation on private equity and venture capital, an asset class that’s becoming more accessible to Irish investors but is still widely misunderstood.
For a 1:1 consultation with Paul: https://askaboutwealth.ie/consultancy
For an introduction to discuss EIIS: https://askaboutwealth.ie/professionals/eiis
For a 1:1 Consultation With Paul - https://askaboutwealth.ie/consultancy