Most dentists assume inheritance tax is someone else’s problem. It isn’t – especially if you own a practice, have a sizeable pension, or have simply been building wealth over a long career.
In this in-depth conversation, Simon and David (Vision Dental Wealth), cover what dental professionals actually need to know about IHT – including how much of your estate is protected, why most practice owners overestimate that figure, and why selling your practice can create a significant and unexpected tax liability almost overnight.
They also walk through practical planning strategies such as gifting, trusts, family investment companies, and life insurance. They explain why early, joined-up advice from a financial planner, tax adviser, and solicitor is so important.
If you don’t know your current IHT position, this is a good place to start.
If you missed the inheritance tax webinar, you can watch it here.
