Generally speaking, Inheritance Tax is paid on a deceased individual's estate where the total value of that estate is in excess of the Nil Rate Band threshold ("NRB"), which, from 6th April 2009, is £325,000 and any assets in excess of the NRB are subject to tax at a rate of 40%.

We have put together a straight forward fact sheet about Inheritance Tax which you make like to read. See Downloads on the right hand side of the page.

Our role is to undertake a complete review of your estate and personal circumstances and to advise you on the best way to plan your estate to mitigate any Inheritance Tax liability.

Wilst you may not wish to pay any unnecessary Inheritance Tax, there are also often important practical considerations to take into account, such as your personal financial security during your lifetime, or, perhaps, an additional desire to safeguard your assets from care fees.

It is possible that your various concerns have different estate planning applications.  Our comprehensive approach enables us to advise you on the best way to achieve an acceptable balance which you feel meets your overall needs and wishes.