If your estate (all the things you own) is over a certain value, it will be subject to inheritance tax (IHT) when you die. You can be charged 40 on anything over £325,000, so it's important to be as tax-efficient as possible to prevent your beneficiaries from losing a lot of their inheritance to tax.

A financial advisor can help you arrange your finances to reduce your IHT. They charge between 1-2 of the value of the assets they're advising you on, but this varies depending on your location, how complicated your financial situation is and the value of your estate.

Find out how much a financial advisor in Gwynedd will charge to help you with inheritance tax planning advice.