If you die and leave an estate valued at over £325,000, your beneficiaries may be liable to pay inheritance tax at 40% of the value of your assets.
The new rules on Inheritance Tax mean that it is possible to save up to £130,000 by planning your estate in the right way. By planning your estate effectively in advance you can reduce this Inheritance Tax liability and keep your assets within your family.
A number of methods of reducing Inheritance Tax liability are available, however, you will need a solicitor with specialist knowledge to help plan your estate in advance to maximise the savings on offer.
I have a great deal of experience in estate and tax planning and I will examine your circumstances and suggest the best methods by which to reduce your future Inheritance Tax liability.
Contact me for a consultation.