Paraplanners Assembly 2023: Do tax wrappers go to heaven?

• how tax works;
• how money is distributed;
• who needs to do what to get the money; and
• where it needs to go.
   

We consider a whole variety of taxes – including income tax, inheritance tax and capital gains tax – as well as administrative issues such as probate.

And we point out essential planning tips for paraplanners as we go.
 

So you can evaluate the:

• we look at pensions and the impact of pension freedoms and recent budget changes;
• tackle what happens to ISAs – including the fact they are not inherited (even though a lot of people think they are);
• consider general investment accounts;
• explore bonds that are held by a client and who’s liable for the tax; and
• delve into tax liabilities for investment bonds held in trusts.
   

The big idea is that, next time one of your clients gets in touch to say someone close to them has died, this Assembly will help give you the confidence to say: ‘Please don’t worry about anything. I can help.’