INHERITANCE TAX

Make sure the right people benefit from your wealth

Effective inheritance tax planning could save your family hundreds of thousands of pounds.
The government has clamped down on many of the more complex tax avoidance schemes which means you need to start thinking sooner rather than later about who will benefit from your estate.
We can work with you and other professional advisers, such as accountants and solicitors, to maximise the value of your estate which is passed on.

To help you plan, we will:

• Meet with you to establish your current circumstances and inheritance plans
• Work with your accountant and/or solicitor (with your agreement) to assess the scale of your inheritance tax liability
• Recommend affordable solutions that will complement any work already undertaken
• Advise on a controlled and effective tax-free gifting plan that meets with HM Revenue & Customs‚ regulations
• Propose appropriate trusts that will remove capital from your estate but can continue to provide an income
• Suggest alternative products that mean you can access capital, but any growth from your investment does not fall into your taxable estate
• Offer a trust review service
• Advise on appropriate use of life insurance products to cover either gifts made or potential IHT liabilities

In addition we can offer ongoing support to help with your inheritance tax planning arrangements as your circumstances change