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Inheritance and tax planning

Inheritance tax is complicated and the latest Government proposals make it more complex yet.

There are things that can be done to mitigate tax liability. You will need to consider:

  • The value of your home, and how it is held if you are a couple;
  • If you are a widow or widower, can you use your late spouse's tax-free band?
  • Can you pass on assets now, and will that reduce tax?
  • If you have agricultural land or business assets, what reliefs will apply?

We understand the rules and also have practical experience of applying them. We can also advise on tax-saving schemes- many people wil offer you these but often these can give rise to unforeseen complications (which some financial advisers may gloss over) and others simply do not work.

Give us a call on 01372 541 936 and begin planning for your family’s future today. 

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Caroline Mahoney
Consultant
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Lesley Palmer
Partner
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QualitySolicitors is the largest network of law firms in the UK, with local law firms spanning the whole of England and Wales and customer service at the heart of everything we do.

We are dedicated to providing the highest quality legal advice and expertise for our customers, but in a way that’s far friendlier, more accessible and clear-talking than you might expect from a law firm.