Tax and Financial Planning

Estate planning is a very personal issue and we will take time to ensure the solution is appropriate for you and those who you wish to benefit from your estate in the future.

What is Inheritance Tax?

Inheritance tax is currently charged at 40%. Due to the rise in property values over the last few years Inheritance Tax affects many people in the UK, even those with modest wealth. It is estimated that millions of homeowners in the UK are currently liable to Inheritance Tax. Professional inheritance tax planning could save your family thousands of pounds.

Is my estate liable to Inheritance Tax?

As part of our estate planning services we are able to advise you as to whether your estate is likely to be subject to Inheritance Tax (IHT) and whether there are any steps you can take to mitigate the IHT liability of your estate. By careful planning during lifetime and properly drafted wills we can ensure that your estate benefits from the various exemptions and allowances available. We also have contacts with a number of accountants and independent financial advisers and by working with them we can take a holistic approach to your estate planning taking into account all of your circumstances.

For more information about estate planning, trusts, lasting powers of attorney, wills and probate, please contact our Wills and Probate specialists in Halifax, Huddersfield or Brighouse.

Download our leaflet on wills, probate, trusts and estates

Download our free guide to Lasting Powers of Attorney