After a death, the estate might be liable for inheritance tax. We can help you plan your finances efficiently and well in advance, so you don't need to pay more than you have to.
If you want to prevent the tax man from taking a large bite out of your family’s inheritance, you need to plan carefully. And if you own a business of any sort you’ll need to take an even closer look at all the various rules and regulations. It pays to get expert legal and financial help, to ensure you don't pay a penny more in inheritance tax than you need to. At Tees, we have expert legal services and independent financial advice all under one roof.
Tees were commended for Private Client- Inheritance and Succession Planning work for the first time in the prestigious ‘The Times Best Law Firms’ in 2023.
We have some of the most experienced and senior tax-planning professionals in the industry. They can advise you on:
We can keep your personal tax plans under regular review, in the light of any changes to the system and suggest what changes you might need to make.
If you’re looking at the way your business is run and its finances managed, or you want to diversify into other avenues, our financial experts can help. We’ll let you know how your plans might alter your tax planing in any way. Tax legislation is getting tighter by year, but operating within that framework we’ll find a solution that helps to minimise your liability.
But we can help you wherever you are in England and Wales.
Call our inheritance tax specialist solicitors on 0808 231 1320or fill out our enquiry form and a solicitor will get in touch. We can also visit you at home if you wish.
it is a tax on your estate (your assets) that may be liable for inheritance tax when you die. Usually, if your house, money and other belongings are worth less than £325,000 you don’t pay. If you’re married or in a civil partnership, the threshold goes up to £650,000 on the second death; after that it’s usually a flat rate tax of 40%. It’s tempting to think this is a tax only for the wealthy, but with house prices as they are today you might want to think again. From 6th April 2017, there is an additional allowance being introduced. It starts at £100,000 per person which is in addition to the £325,000. There are various criteria to qualify: they include owning a residence which will pass to direct descendants.
Partner, Wills, Trusts, Tax and Probate
Chelmsford office
Executive Partner, Wills, Trusts, Tax and Probate
Bishop's Stortford office
Associate, Wills, Trusts, Tax and Probate
Saffron Walden office
Senior Partner, Wills, Trusts, Tax and Probate
Cambridge office
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