Inheritance Tax Strategies

Thinking ahead to a time when you’re no longer here is an undeniably sensitive matter, and we know that taking those first steps to prepare for this can be daunting. But it doesn’t have to be this way. Supporting you through the process, our advisors will  provide thoroughly researched strategies and guidance to have at your fingertips. Then, you can face the future calmly and confidently.

With specialist experience and a wealth of knowledge in their field, our advisors will devise intelligent ways to effectively manage your inheritance tax position, and avoid being liable to pay hefty sums. How do we do this? By taking a completely personal approach that is tailored to the specific criteria for your estate and family circumstances.

Our way of working guarantees complete compliance and covers the primary essentials of inheritance tax planning. By getting to know you and understanding your unique needs, our advisors will balance your personal requirements for income during your lifetime with preparing for the future - with the aim of passing as much onto your closest people as possible.

So that our inheritance tax planning services are as comprehensive as can be, our specialists carry out an in-depth review of your circumstances, including:

• An accurate calculation of your personal tax requirements that covers exemptions and thresholds
• The discovery and enactment of tax relief strategies (which may include the preparation of discounted gift trusts, enterprise investment schemes and trust funds)
• Research into your pension provisions and appropriate risk-guided advice
• Assessing the impact of inheritance tax on the family home and guidance relating to residence nil rate band rules
• Any additional exemptions that may be relevant, from business property relief for owners and investors, to agricultural property relief applicable to investment tax on farm cases.

Regardless of whether you’re protecting a family home and a modest investment portfolio, or are a high-net-worth individual with multiple assets; the desire the ensure your wealth is protected and passed on to family and friends is a priority we really get. With us by your side, you can protect your family’s security, and provide peace of mind for the future. So what are you waiting for? Get in touch today to discover how we can support you.

Looking for independent financial advice that gives you clarity and confidence – for now and the future? 

Find out more on our dedicated Womble Bond Dickinson Wealth website.