Tax & Succession Planning

Tax & Succession Planning

Inheritance Tax is not limited to the ultra-wealthy; it is increasingly becoming a significant concern for individuals with more moderate estates.

We offer expert advice on Inheritance Tax planning, designed to help safeguard your family’s wealth and ensure its smooth transfer to future generations while minimizing the tax burden on those who inherit.

For those managing the administration of an estate, we can assist in calculating the Inheritance Tax liability and ensure that all available reliefs, such as Business Property Relief and Agricultural Property Relief, are properly applied. Additional reliefs may become available throughout the estate administration process, and we are equipped to identify these opportunities and submit the necessary applications on your behalf.

After the death of a family member, it may be possible to reduce the Inheritance Tax liability through a deed of variation.

Many people are unaware that Inheritance Tax does not only apply at the time of death; it can also arise during your lifetime. We provide comprehensive guidance on lifetime Inheritance Tax strategies, including outright gifts, transfers into trusts, and tax-efficient Wills.