Inheritance Tax & Estate Planning

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Stuart Greig CTA ATT

Head of Tax

T: 0113 244 9512

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Inheritance Tax Planning

When you’ve worked hard all your life, it is understandable that you will want to ensure the wealth you’ve generated will benefit the people that are important to you when you are no longer here.

We provide an expert inheritance tax (IHT) planning service to ensure that your beneficiaries are not left with an excessive tax bill.

IHT is currently imposed at 40 per cent on estates with a value in excess of £325,000.  The value of many homes exceeds the IHT threshold and so it makes sense to seek professional advice sooner rather than later.

Although minimising tax liabilities is important, it’s equally essential to make sure that you retain sufficient capital and income to provide you with a comfortable standard of living.

We can help you put plans in place to make sensible provision for you and your family, planning for any future changes to your home or care needs in later life.

Our range of IHT planning includes:

  • reviewing existing wills and arranging for new wills to be drawn up where necessary;
  • advising on the transfer of assets into trust;
  • securing the residential nil rate band for main residences;
  • identifying assets that qualify for business or agricultural property relief;
  • explaining which assets could be given away with a minimal tax liability, and
  • making full use of all other available IHT exemptions.

How Can We Help?

Our specialist tax team, led by Stuart Greig, is able to provide comprehensive estate planning services ensuring that your tax burden is minimised, allowing you to pass on more of your wealth to those you choose.

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