Private clients
Inheritance Tax planning
In the usual case, Inheritance Tax only arises as an issue to be dealt with when we die. Then, we each have an allowance (currently – April 2010 - £325,000).
House values in our area virtually doubled in the space of a few years creating Inheritance Tax considerations for many families where there had been none before. However, from October 2007, the unused proportion of the nil-rate band can be trasferred to a surviving spouse or civil partner.
We can provide specialist advice to clients wishing to consider ways of mitigating anticipated Inheritance Tax liability expected to fall on the next generation.
Also see Trusts and administration