Inheritance Tax (IHT)

Inheritance Tax (IHT) can be a significant burden on your estate, but we provide expert advice on reducing your IHT liability through careful planning. Our team helps structure your estate in a way that minimizes tax impact, while making sure your wealth is passed on according to your wishes. We assist with strategies such as gifting and taking advantage of exemptions to preserve your legacy and support your family’s financial future.

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Estate planning is highly personal, and we tailor our approach to suit your family circumstances, long-term wishes, and the assets involved. Whether it's setting up trusts, lifetime giving, or integrating your will with your tax plan, we help you explore every available avenue to reduce your IHT liability. The right strategy today can make a huge difference for your beneficiaries tomorrow.

We also provide succession planning advice for family businesses and guidance on how pensions and life insurance can be used to mitigate estate taxes. Our support continues through probate and post-death tax administration to ensure your plans are honoured and your family supported.​​

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IHT Threshold: The standard IHT threshold is £325,000, and estates above this are taxed at 40%.

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Main Residence Nil Rate Band: An additional £175,000 exemption applies when passing property to direct descendants.

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Lifetime Gifts: Gifts made during your lifetime can be exempt from IHT if given more than 7 years before your death.

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Tax Planning: We provide strategies to minimize IHT, including gifting and structuring your estate to reduce exposure.