Overview

Help With Inheritance Tax Planning

Inheritance Tax may be payable on gifts made during your lifetime or after death.

This can be a complicated area of law, so it is certainly worth asking our specialists for advice and assistance in these matters.

Our Wills, Trusts and Probate department are able to guide you through the process in the most effective and efficient manner. They take the time to listen to all the circumstances of your case before suggesting the best solution.

Careful Inheritance Tax planning will mean that your beneficiaries do not end up paying more than they should and also assist in the process of making sure your wishes are carried out.

What can affect Inheritance Tax?

There are a number of factors that can influence whether any Inheritance Tax is due, and how much:

  1. The value of any gifts made during your lifetime
  1. The value of your Estate on the date of your death
  1. Some beneficiaries are exempt from Inheritance Tax e.g. spouses, charities
  1. Some assets will qualify for Inheritance Tax relief at varying rates e.g. businesses or agricultural properties
  1. Whether a gift is made outright or placed in a trust
  1. Other exemptions may also apply for inheritance tax purposes

Get help from Jackson Lees' Solicitors

As you can see, there are quite a lot of variables that can affect Inheritance Tax, which have the potential to make the process confusing and stressful for your loved ones when you die.

To help bring clarity to the situation, call our Inheritance Tax Solicitors free on 0151 282 1700 and find out how we could assist you.

In addition to Tax Planning, we can offer practical advice on other areas such as Wills, Lasting Powers of Attorney, Estate Administration, Trusts and Disputes surrounding the validity of Will, Trusts and Estates.