Estate Planning
Estate Planning
Putting Your Wealth to Work for You
We can offer experienced tax and estate planning advice. Assisting you in making the most tax-effective decisions and lowering your tax responsibilities in all areas of your life.
It is critical that you have a sound strategy in place once you have worked hard to build up your estate. This means you may pass on your wealth to the people you care about while lowering your tax bill.
As a result of rising property values, more people than ever before have been ineligible for Inheritance Tax.
The threshold for Inheritance Tax stays unaltered for 2021/22, although the resident nil rate band has increased to £175,000. Individuals (with direct descendants) may be qualified for the extra residence nil rate band, allowing them to leave more of their inheritance to their children or grandchildren tax-free when they die.