Services: Tax Solutions
Inheritance tax planning & advice
Successful inheritance tax planning can be judged on two outcomes: whether you have the resources you need, and whether your liabilities are as low as they can be.
If you and your spouse have estates worth over £300,000, saving inheritance tax of up to £120,000 requires a small amount of relatively straightforward advance planning.
For larger estates, more complex planning can shelter specific assets from IHT, and your investments can be managed to benefit from IHT reliefs. Trusts are a valuable tool, but must be carefully drafted to ensure they meet your particular needs.
Good IHT planning can also ensure that your business passes down to the next generation intact, and in the way you want. At the same time, it can maintain the business's entitlement to agricultural or business property relief.
