Inheritance Tax
Inheritance Tax
Everyone’s favourite tax. Inheritance tax on an estate generally at 40%, which has been accumulated by a loved one through taxed income during their lifetime. Thank you HMRC.
Fortunately there are lots of different inheritance tax relief and exemptions, especially for family members. There are also other reliefs available for estates existing of mainly property and where dontations are gifted to charities.
We understand that discussing inheritance can be hard as you may have lost a loved one or you are forward planning and finding it difficult to talk about with family members.
Where some family members may want to discuss inheritance tax but not everyone, we are able to provide generic or tailored advice in the form of a leaflet to be read in their own time when they are ready.