When planning for the future, it is important to prepare your affairs in a way that is tax efficient to ensure the financial security of your relatives when the inevitable happens.

At Duncan & Toplis, our key objective of estate planning is to minimise inheritance tax (IHT) liabilities while providing peace of mind for you and your family about the future through our tailored tax services.

Inheritance tax planning can be complex and requires a detailed understanding of the relevant legislation. It’s important to know that there are methods available which can help to reduce the IHT liable on your estate. These include placing assets into a trust, giving gifts of property and money away prior to death and maximising the reliefs available to you.

We can assist with your IHT planning in a number of ways:

  • The setting up of trusts
  • Advice on tax implications of lifetime gifts
  • Working with our in-house solicitor to ensure your will is tax efficient
  • Tax planning for your pension
  • Maximising allowances, IHT exemptions and business relief

Before making any definitive future planning decisions, it is always best to discuss your options with an IHT specialist. From succession planning to the establishment of trusts, our qualified team of Chartered Accountants and tax planning specialists understand that every situation is different and provide bespoke IHT tax advice to ensure that you make the best choice possible for you and your loved ones.

For more information, please contact your nearest Duncan & Toplis office.

Click here to meet the Inheritance tax team