Inheritance Tax (Trusts)

Inheritance Tax (Trusts)

Without proper planning, inheritance tax can wipe away a large part of everything you worked hard for during your life. We want to help you put a plan in place that will protect as much of your legacy as possible. See how inheritance tax planning can help.

Your estate is made up of everything you have, including your home, property and savings. After any debts are paid, anything over the tax-free allowance of £325,000 could be subject to 40% inheritance tax. We know that losing a loved one is devastating enough already, without the prospect of such a steep tax bill.

However, there are several ways that this can be reduced or mitigated, and our expert advisers can offer advice on the right decisions for you. Typically, this would be done by putting your assets into a trust. This would mean they no longer belong to you and may therefore no longer be subject to inheritance tax.

Estate planning is something that concerns everyone, and it’s never too early to get ahead. Our highly trained advisers will be able to assess your individual situation and discuss the best options available to you, helping to maximise the legacy you leave behind. Speak to one of our trust experts today for no-obligation advice on how we can help.

Tax treatment depends on individual circumstances. Both your circumstances and tax rules may be subject to change in the future. Not all areas of Estate Planning or tax planning are regulated by the Financial Conduct Authority.

IHT (Trusts)
Meet Mark Evans, our expert in Inheritance Tax and Estate Planning