Passing on money – what makes us procrastinate?

People have a tendency to hang on to their money until they die and pass it on through their Will. But why do we do this? And does it make sense in today’s world when we are living so much longer and our younger generations have such huge financial struggles?

In this video, Tilney’s Head of Estate Planning Ian Dyall looks at why we procrastinate over passing on money and the wide financial, practical and emotional implications of doing this. Ian then explores how we can overcome this, setting out practical steps and giving examples.

 

We can help you

If this video raises any questions or you think you could benefit from speaking to an expert about passing on your money, your estate or an Inheritance Tax bill, Tilney can help. You can find out more information on the Tilney website, or contact us and we will put you in touch with one of Tilney’s experts.

Call us on 020 7189 2400 or fill out this short form on the Tilney website. There is no obligation to do any work with us afterwards.

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Advice in relation to Inheritance Tax planning is not regulated by the Financial Conduct Authority, however, the products used to mitigate tax may be regulated.