Leave Your Estate to Your Family NOT HMRC! UK inheritance Tax planning

Most families assume inheritance tax is something that gets dealt with after death. It isn't. By the time someone dies, it's already too late. Inheritance tax is decided by how assets are owned while you're alive. Not what the will says at the end. In this video, I explain why so many families still lose 40% of what they built, even when they had a will, took advice, and thought they'd done everything properly. We cover the allowance myth, why wills don't reduce inheritance tax, the seven year rule, liquidity problems, and what actually works if you want your family to pay zero. This isn't theory. This is how inheritance tax actually plays out in real families with property, businesses, and assets that can't just be sold overnight. If you own assets and want your family protected properly, this is something you need to understand early, not later. FREE PAY SHEET The Director's Pay Sheet 2026/27. The exact salary and dividend split to pay yourself this year, at the rates that actually apply. Free download: https://tax4pros.co.uk/pay-sheet WORK WITH TAX 4 PROS Accounts, tax and planning for UK company directors, handled monthly. Tell us about your company, six questions, about a minute: https://tax4pros.co.uk/apply?utm_sour... THE EXIT PLAYBOOK (£37) The estate side of this video, mapped: the seven legal levers a UK company director can pull to keep more of what they earn, from how you pay yourself up to leaving the country, with the real limit on each one. Instant download: https://tax4pros.co.uk/playbook?utm_s... THE TAX GAME PLAN (£9) For the year in front of you rather than the estate behind it. The Pay Sheet gives you the split. The Game Plan is the rest: the Child Benefit charge, the 60% band, putting family on the payroll properly, the VAT and electric car decisions, the director's loan account, and a month by month calendar. Nine pounds: https://tax4pros.co.uk/gameplan?utm_s... MONTHLY PACKAGES Rather just have it handled every month? Accounts, tax and planning for UK company directors on a flat monthly fee, from £125: https://www.tax4pros.co.uk/packages Book a Call https://apply.ctprivateoffice.com/sta... Join YouTube Membership    / @sarah-charlton   Set Up a Director Pension (Penfold) https://sites.tax4pros.co.uk/Director... Relevant Life Insurance (Free Quote) https://caspianinsurance.co.uk/free-q... Invoicing Finance Form https://sites.tax4pros.co.uk/Invoice-... CHAPTERS 00:00 Start 00:10 Why Most Inheritance Tax Planning Fails 01:10 Pitfall 1: "Inheritance Tax Is Only for the Wealthy" 02:14 The £1 Million Allowance Explained 02:45 How the Residence Nil-Rate Band Is Lost 03:45 The £2 Million Taper Trap 04:35 Pitfall 3: Why a Will Doesn't Reduce Inheritance Tax 05:08 Pitfall 4: Why HMRC Doesn't Wait for Probate 06:04 The 6-Month Deadline & Interest Charges 06:54 The Real Problem: Liquidity, Not Wealth 07:33 When Should You Start Inheritance Tax Planning? 09:58 Pitfall 5: Gifting & the 7-Year Rule Mistakes 10:38 Pitfall 6: Trusts Used as a Panic Button 11:12 What Actually Works: Planning for Cash at Death 11:20 Whole-of-Life Insurance in Trust 11:56 Resetting the Inheritance Tax Conversation #inheritancetax #taxplanning #hmrc #estateplanning