Leo Abse & Cohen
Solicitors

With the significant rise in the value of houses, you no longer have to be seriously wealthy to be affected by Inheritance Tax.

An appropriately drafted Will can save thousands of pounds in Inheritance Tax or take you out of the Inheritance Tax net altogether simply by ensuring that you fully utilise your nil rate tax band. Those with significant assets may also consider making lifetime gifts to maximise the available exemptions and reliefs.

The use of trusts is an important tax-planning tool and can ensure maximum flexibility and ongoing control to give best effect to your wishes and intentions. The importance of seeking expert advice cannot be emphasized enough.