Inheritance Tax

The amount paid to the Inland Revenue as Inheritance Tax is increasing, mainly due to the rising value of people's homes. If no planning is undertaken, a large proportion of the savings that you wanted to pass to your children will pass to the government instead. We help clients to mitigate and if possible eradicate this liability. This is achieved through a mix of:

  • Will planning
  • Lifetime giving
  • Use of planning schemes

When undertaking any planning it is essential that an advisor should consider the wider picture and this would include consideration of:

  • Use of trusts
  • Interaction with Capital Gains Tax
  • Issues of financial security

For further advice please contact Chris Hodgson.