At present HMRC can take up to 40% of your estate as Inheritance tax (IHT). IHT used to be referred to as a ‘voluntary tax’ for the very wealthy, but with current property values and without a corresponding increase in the IHT threshold, many more estates have come within of HMRC’s threshold.
This makes estate planning all the more important. We can help you with your estate planning, including gifts, trusts, transfer or property, succession planning and business exit strategies.
Contact us today to discuss how we can help with your estate planning.