Lifetime Planning

Inheritance Tax Planning

Inheritance Tax Planning is a varied and complex matter, we can advise on your current inheritance tax liability and make suggestions as to the options you have for both short term and long term tax planning to reduce that liability.

For the year 2012-2013 Inheritance tax is payable for assets over a threshold of £325,000, including trusts and property. Inheritance tax is calculated at 40% over the threshold of the value of the estate, in some cases this is reduced to 36% as a result of a charitable donation by the estate.

We have experts able to assist in valuing your estate and advising you on what exemptions or reliefs you may be entitled to.

This may include:

  • Small gift exemptions
  • Gifts out of excess income
  • Gifts on marriage
  • Charitable gifts

Depending on your circumstances we can also advise on more complex tax planning structures. We work with qualified and professional tax accountants who can advise on the best tax planning structure for you.

Call us on 0808 168 8677 (local rate) to find out more about our Inheritance Tax Planning law services or alternatively go to "Meet the Team" to contact one of our specialists directly.

With solicitors offices in Battersea, Hanover Square London, Harlesden, Harrow and Wembley, Hodders Law can provide the services of a local solicitor backed up by the strength of a big firm expertise.

Our Testimonials

“Dear Karen,

Thank you very much indeed for all that you, William Brown, and your support team at Hodders have done in connection with this purchase, and with the associated sale of Wallers Haven Barn. There were many times when I thought that we were not going to make one or the other, and it is in very large part down to your persistence that we are exchanged. Your care, patience and attention to detail have been much appreciated.

Mr L
March 2016

 

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