Ensure you have a plan for your assets — growth in house prices means more families are now facing inheritance tax bills.

Estate planning ensures that your wishes are followed and the cost of inheritance tax is minimised in the event of your death. Your estate comprises everything you own including your house, car, personal possessions and money.

Understanding Inheritance Tax

£325,000
Tax-free Threshold — No inheritance tax if your estate is below this amount or left to spouse/civil partner/charity
40%
Tax Rate — Estates above the threshold are subject to this charge
6 Months
Payment Deadline — Inheritance Tax must be paid to HMRC within 6 months of death

Estate Planning Strategies

We will consider your personal circumstances and advise on a plan specific to your requirements. Effective estate planning may include:

  • Spousal/Civil Partner Planning — Transferring wealth between partners with significant tax advantages
  • Gifting Strategies — Annual exemptions and other gifting opportunities to reduce your taxable estate
  • Trust Arrangements — Establishing trusts to protect assets and control how your wealth is distributed
  • Life Insurance Planning — Ensuring funds are available to cover tax liabilities or provide for beneficiaries
  • Charitable Giving — Tax-efficient approaches to supporting causes you care about
  • Business Succession — Planning for the smooth transfer of business interests

Key Estate Planning Considerations

Will & Probate

A clear, up-to-date will ensures your wishes are followed and helps avoid unnecessary delays and costs.

Property Planning

Strategies for managing property assets and minimizing tax impact on real estate in your estate.

Family Provision

Ensuring adequate provision for dependants and loved ones according to your wishes.

Business Assets

Special planning for business interests, partnerships, and company shares.

Tax Mitigation

Legal strategies to minimize inheritance tax and other tax liabilities on your estate.

Professional Coordination

We work with solicitors and accountants to ensure comprehensive estate planning.

Getting Started With Estate Planning

Estate planning is not just for the wealthy — anyone with assets, dependants, or specific wishes about how their estate is managed should have a plan in place. Our advisers can help you review your current situation and identify opportunities for tax savings and improved planning.