Inheritance Tax (IHT) has been much in the news as a result of rising house prices forcing more and more families, in quite modest homes, into the IHT bracket.
Along with increasing the thresholds, the measures have been introduced particularly for married couples (and those in civil partnerships) that help to mitigate this and to try and take households out of IHT. However, inheritance tax remains a complex area and seeking professional advice would be wise.
That’s where our expert team can help. When you have worked hard for your money, we understand that you want to protect as much of it as possible for the future security of your family.
Where estates are vulnerable to inheritance tax, we recommend a detailed planning strategy, involving options including trusts, potentially exempt transfers and gifts, including lifetime gifts.