Estate Planning
With by historic standards relatively low rates of income tax and generous reliefs available under capital gains tax, inheritance tax (IHT) has become the tax most likely to incur a significant liability for many. The IHT lifetime exemption has not kept pace with the property market and many families face substantial IHT liabilities over the next few years. Fortunately there are still ways in which the burden can be softened but it is essential that advice is taken in good time.
We can advise on:
- Will planning
- The use of trusts
- Lifetime gifts
- Rearrangement of estates between spouses
