Inheritance Tax Planning

For most people, Inheritance Tax is an issue which only arises when a loved one dies.

The asset threshold above which inheritance tax is payable at 40% has not increased in line with property prices in recent years. An increasing number of families (particularly in Surrey and the South East) are having to pay tax on estates due to the value of the family home.

We are experienced in providing Inheritance Tax Advice and planning.

• Maximising use of available reliefs and exemptions including business property relief
• Advising on lifetime gifts (including gifts into trust)
• Ensuring that your Will is as tax efficient as possible
• Maintaining the tax benefits of existing trust arrangements

Tax planning can also be carried out after a death by way of a deed of variation (within two years of death).

To gain the most out of tax planning it is prudent to seek advice as soon as possible, so contact us to discuss your requirements.