Inheritance Tax (‘IHT’) Planning
Advice on IHT is essential when Estate and Succession Planning. This aspect of our Tax and Trust work is the most all encompassing we advise on and our specialist Tax and Trust team are recognised as leaders in this area.
IHT is charged on a person’s death and in some circumstances on life time gifts and trusts.
There are many established ways in which you can reduce potential liability including some more complex planning arrangements which we can help you put in place.
The Team regularly advise on all aspects of IHT and our ability to deal with compliance issues including negotiations with HM Revenue and Customs on enquiries mean we have unique insight in to the eligibility of planning options available to you.
When offering advice our specialist team consider other capital taxes including Capital Gains Tax and also look at the bigger Estate and Succession Planning picture to ensure the right plan is tailored to your specific circumstances.
We advise on:-
IHT efficient Wills.
IHT exemptions and reliefs and plans to maximise the use of these.
IHT efficient gifts.
The Set up and Administration of Trusts.
The legal aspects of investment related IHT solutions.
For further information about IHT planning and the type of service we can offer, please read our IHT Planning fact sheet.