Inheritance Tax (IHT) may have to be paid on your estate if the value exceeds the allowances available at the date of your death.  This will clearly reduce the value that is available to be passed to your beneficiaries.

 

The most important step in IHT planning is to keep your will up to date to ensure that any changes in the law do not detrimentally impact your original instructions.

 

However there are also measures that you can take during your lifetime especially if you can afford to give away assets and still meet your own requirements.  

 

IHT advice is charged on a time spent basis at a cost of £100 per hour (or part thereof).  

 

Please speak to one of our team for more information:

Paul - 07940 031815 | Paul@thetrustedwills.co.uk

Alison - 07377 958768 | Alison@thetrustedwills.co.uk