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1. As standard your Life Insurance will form part of your taxable Estate – TRUE 40% Inheritance Tax
2. Putting your Life Insurance in Trust is costly – FALSE, it could be free!
3. Director? Your company can pay for your Life Insurance – TRUE, relevant life cover
4. Your insurance can’t cover the expenses to keep your business going – FALSE, Key Person Insurance
NRLA Accredited Landlord and IPW Professional Will Writer
I’m Vikki, the founder of Legacy Guardians. I hope this article was helpful, but I can probably guess that it’s about time that you stopped researching and got on with getting everything in order.
I know how it can be hard juggling everything with 15 properties, 3 kids, 1 dog, 1 Property Business and another couple of trading businesses things like succession and legacy planning usually go on the backburner. (thank goodness for my business & life partner Shaun!)
Take back your time, and gain that all important financial peace of mind by working through my Landlord Legacy Framework.