Inheritance Tax Planning

Although not an easy matter to consider, if you wish to maximise provision for your family and friends after you have died, you do need to plan your affairs in advance.

The earlier you make arrangements, the greater the chance of taking full advantage of the tax planning opportunities available and thereby minimising the amount of money that is paid over to the Inland Revenue.

There are many issues to consider when planning to transfer your estate and you need to ensure that you strike the right balance between maximising tax savings and making adequate provision for yourself and your spouse during later life.

We can help you:

• Review the terms of your will
• Utilise exemptions and lower tax rates on lifetime transfers of assets
• Consider lifetime transfers between spouses
• Transfer business or agricultural property
• Transfer assets into trusts

Contact us for further information.