Increases in asset values over the past 20 years’ has helped increase individual’s wealth. With fractional increases in the Inheritance Tax Allowance comes a significant increase in tax due upon death. We can assist in calculating potential Inheritance Tax due and then recommend ways in which this may be mitigated.

Whilst life assurance can be set up to cover the inheritance tax liability, other solutions aim to change the title of assets or put assets outside the estate

A myriad of schemes have been designed to mitigate Inheritance Tax over the years. Many of these have been bought to the attention of HM Revenue and Customs and subsequently closed because they seek to challenge tax law rather than use it to its best advantage.

We can help walk you through this complex area and recommend schemes and processes that meet current legislation. This might include the recommendation of trusts, change of asset ownership, offshore investments or schemes using Business Property Relief.