Most people think that inheritance tax (IHT) is unavoidable but there are many reliefs and strategies that can be used to mitigate its effects. IHT can be a big burden for many people, not just those with large estates.
You will need to think about IHT if undertaking a transaction or aiming to pass on an asset to a loved one. It is imperative that any relevant reliefs or exemptions are maximised. Trusts may minimise future liabilities and the content of a will can also have tax implications.
We offer a range of expertise and services that will enable you to pass on your assets in the most tax efficient manner.