Simper Law

Inheritance and Tax Planning

Inheritance and Tax Planning

Inheritance and Tax Planning Solicitors

Inheritance Tax is a duty paid on a person’s property and assets after their death and can consume a significant portion of the gift that you wish to pass onto loved ones. However, with expert planning with the advice of Inheritance and Tax Planning Solicitors, you can reduce this impact.

The current Inheritance Tax (IHT) threshold is £325,000 and IHT is charged at 40% of the value of your estate over that sum. Your estate will be deemed to include any assets that you have already given away within the seven years prior to your death. With careful planning, we can help you make the most of your Inheritance Tax ‘allowance’. In some cases, producing a tax-efficient Will could be all that is needed.

Please call us now on 01603 672222 for a no-obligation conversation today or Click Here To Make An Online Enquiry.

Our solicitors specialising in Inheritance Tax can help with the following:

  • Inheritance Tax Planning and Estate Planning
  • Transferring Tax-allowances to spouses and civil partners
  • International Inheritance Tax
  • Filing Inheritance Tax returns
  • Drafting Wills to reduce the Inheritance Tax impact
  • Charity donations
  • Lifetime gift
  • Setting up and administering Trusts
  • Appealing IHT decisions by HMRC or Tax Tribunals
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