Inheritance tax planning
Few of us like to think about dying, however we should plan well in advance for this and make the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the opportunity of taking advantage of these.
It is important when planning to transfer assets that the right balance is kept for you and your family. This requires a detailed knowledge of the current tax regime. We can provide a discreet inheritance tax planning service that includes:
Liaising with your solicitor to plan or review your will;
making full use of exemptions and lower tax rates on lifetime transfers;
optimising lifetime transfers between family members;
transferring agricultural or business property;
transferring assets into trust; and
liaising with financial advisors to provide adequate life assurance to cover potential inheritance tax liabilities.