Inheritance Tax

How to Avoid Inheritance Tax

Inheritance tax is the tax you pay on your possessions and money while passing on your life savings to your children. Inheritance tax can be completely avoided if you take a little time to organise your affairs properly. The crucial thing is that you must take some action. Our approach to inheritance tax planning is often a blend of tax efficient will drafting, trust arrangements, investments and insurance.

Inheritance Tax – PDF

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Inheritance Tax – PDF

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Dependable Wills & Probate Solicitors in Brighton, Hassocks, Hove & Farnham

Contact GoodLaw Solicitors LLP in Sussex and Surrey for Assistance With Your Will Writing
Sussex: 01273 956 270 | Surrey: 01252 471 211

What Can you Do?

We Have Put Together a Few Things That You Can Do to Avoid Paying the Inheritance Tax:

Give away assets
Use your allowances
Make regular gifts from surplus income
Put your grandchildren in your will
Set up a simple protective trust and discretionary trust
Business and agricultural property can be passed on free from IHT
Make sure your will is up to date

Give us a call for more information. We will schedule a meeting to discuss your circumstances. Our team of solicitors will then prepare a report that gives you the options open to you and makes a recommendation as to the best way to avoid paying inheritance tax. The solution will be tailor-made to your lifestyle. It is crucial to get the right fit for you.