Use our estate planning service and we’ll provide an accurate reconciliation of your estate assets and liabilities every year.
This will establish the value of your estate and will enable advanced calculation of the potential amount of inheritance tax your estate may have to pay.
Q: What’s the advantage of estate planning?
A: Our estate planning service provides an annual financial reconciliation of your estate and confirms the potential current inheritance tax payable. This helps to reduce probate fees once you’ve passed away.
Q: What’s the current level for inheritance tax?
A: The current level for inheritance tax is £325,000 for a single person or £650,000 for a married couple.
Q: What are trusts?
A: Trusts are a legal way of protecting your assets and ensuring they are looked after for years to come. They can be used for tax planning purposes.
Q: Can you help us set up trusts?
A: Yes. There are several trusts that we can implement for you, the most popular being:
Family probate trusts
Family will trusts
Homeowners will trusts
Other services are also available:
Deed of variation
Severance of joint tenancy
Transfer of equity
Q: Can you advise on other ways of tax planning?
A: Yes, we offer advice on other tax reliefs, including:
Residence nil rate band (RNRB)
Annual gift
Marriage / partnership gifts
National purposes
Political parties
Tapering relief
Quick succession relief
Small gifts to one person
Lifetime transfers
Charity donation relief