Do you know what your inheritance tax liability would have been? Perhaps not something you wish to think about or something you have been putting off for a while. Nonetheless, it is an important consideration to ensure that the tax payable on your estate is minimised as far as possible.
Depending on your circumstances, some simple planning can help to reduce your exposure to inheritance tax, or for larger estates, we can advise on more complex planning to shelter assets from inheritance tax whilst protecting your investments.
We can also assist with succession planning to ensure that the family business or assets are passed down in a tax efficient way whilst also meeting family objectives.
Please get in touch with either Lucie Hammond (lucie.hammond@hazlewoods.co.uk) or Kyle Nethercott (kyle.nethercott@hazlewoods.co.uk) if you would like to review your current position, or would like further information on possible planning opportunities