Considered planning alongside expert tax and legal advice is crucial to ensure your estate is inheritance tax efficient – particularly if you own businesses or foreign assets. We can advise on how to take advantage of the opportunities, enabling you to pass on more of your wealth to future generations.
Inheritance tax can also affect you in your lifetime and needs to be considered if undertaking a transaction or changing your asset profile from one which qualifies for business property relief to one which does not. Inheritance tax also is payable when you make transfers into most trusts.
As inheritance tax often overlaps with legal areas such as probate, trusts and family law, we work closely with our dedicated in-house specialists in these areas, meaning our clients receive agile and highly personal advice for every eventuality.