For many dentists the prospect of inheritance tax and the ability to pass their wealth on to future generations is a major issue.
At Dental Accountants Scotland, we can help you take control of your financial future. It is important to monitor the value of your potential estate. One of the best ways to do this is to prepare a personal balance sheet to provide an accurate and detailed analysis of your net worth and investigate potential inheritance tax liabilities.
We can discuss your requirements in relation to the potential transfer of your assets; we can assist in future planning in relation to your family home and investments. We can further consider a range of issues including:
- Lifetime planning and how to transfer assets, e.g. your family home, on to the next generation
- Our team will look at any tax planning opportunities available to ensure the most tax efficient way of doing this
- Providing an accurate picture of your net worth by discussing your assets and liabilities and completion of a personal balance sheet and therefore provide a “total” accounting service to our clients
- Ensuring all aspects of wealth planning are investigated
Our team have extensive experience advising on a wide range of issues and we could identify and discuss these issues, providing a bespoke service covering everything from assessing current market value to planning for the future.