Inheritance & Estate Planning

Inheritance Tax & Estate Planning

Whatever your circumstances or concerns around Inheritance Tax, we can provide you with practical advice to reduce your Inheritance Tax liability.

Inheritance Tax is a tax which is paid to the Government when you die, and is applied to assets in excess of limits set by the government (currently £325,000).

Some individuals have a misconception that Inheritance Tax only applies to the rich, but with the large increase in house prices, and when you factor in jewellery, cars and general household contents to an estate, an increasing number of individuals are affected by Inheritance Tax.

Often with some simple Inheritance Tax Planning we can reduce your exposure to Inheritance Tax, ensuring that your loved ones receive maximum benefit from your estate after you’re gone.

We can also provide advice to business owners so that they can help to plan for the future and pass the business to the next generation and, if appropriate, protect any entitlement to Business Property Relief or Agricultural Property Relief.

We also have excellent relationship links with Will Writers, who can arrange wills to meet your needs whether your circumstances require simple or more complex wills to be drafted. Our professional connections can also prepare and arrange a Power of Attorney on your behalf.