Estate protection and Inheritance Tax planning

Inheritance tax can considerably reduce what you’re able to pass on to your beneficiaries. Inheritance tax is only payable if the estate is valued at £325,000 or above. A tax of 40% is then payable within a six month period on anything above this amount and interest becomes chargeable if the payment is late. It is typically paid by the executor using funds from the estate.

Inheritance tax is a hefty payment to have to make and will considerably reduce the value of any remaining assets for family and friends in the future. Our lawyers have significant knowledge on tax exemption criteria and solutions such as lifetime gifting.

Call us now for advice on how to protect the value of your assets, including homes, pensions, shares and even personal property such as jewellery or furniture. We offer a free initial consultation and a friendly service to help you better understand your circumstances.