ESTATE AND INHERITANCE TAX

IHT is a 40% tax on estates above the tax-free threshold. With the right planning, this can be reduced or avoided. Our services include:

• Reviewing your total estate and calculating your IHT liability 
• Using annual gift allowances and lifetime gifts 
• Applying business reliefs and exemptions 
• Structuring charitable gifts for tax efficiency 
• Coordinating with legal experts on trust and Will structures

 Trusts can be used to manage and protect assets, provide for children or vulnerable family members, and reduce tax. We’ll guide you on:

• When to use trusts 
• The tax benefits and legal implications 
• Working with solicitors to draft and implement trusts

If you become unable to make decisions in the future, an LPA ensures someone you trust can manage your finances or health matters. This is especially vital for business owners to avoid disruptions.

We support clients in setting up:

• Personal LPAs (health and finances). 
• Business LPAs (for continuity of business operations)

Dealing with an estate after someone passes can be legally and emotionally complex. We partner with regulated professionals who can:

• Handle probate applications 
• Administer the estate from start to finish 
• Deal with HMRC and legal paperwork 
• Distribute assets according to the Will or inheritance law