Individuals put off estate planning because they think they don’t own enough, they’re not old enough, they’re busy, think they have plenty of time, they’re confused and don’t know who can help them, or they just don’t want to think it. Then, when something happens to them, their families have to pick up the pieces.
We can help you plan your estate’s inheritance tax so your loved ones can make the most of your assets, wealth, and property.
Sophisticated planning and expert legal advice are essential to make sure your estate is inheritance tax (IHT) efficient – particularly if you own businesses or foreign assets.
We can advise you on how to take advantage of the complex web of IHT reliefs and exemptions and maximise the inheritance you pass on to the next generation.
Inheritance tax is a dynamic area of law where change is constant and ideas develop fast. Having a plan in place isn’t enough – you’ve got to make sure it’s up-to-date.
In August 2018 the HMRC published the latest figures on Inheritance tax receipts as follows: