Inheritance Tax Planning and Trusts
Inheritance Tax is payable on death and on certain lifetime gifts.
We work closely with our clients in order to plan to minimise these liabilities. Inheritance Tax planning is often linked to the making of Wills and setting up Trusts and we can assist and advise in relation to these matters. We have good relationships with many solicitors and can recommend solicitors appropriate for your circumstances if you wish.
Because Inheritance Tax is chargeable at such a high rate (currently 40%) it can be extremely valuable to undertake planning to minimise the liability.