As we all know, tax is one of life’s certainties. What’s more, with around 68% of the population owning their own home, increasing numbers of people are over the current threshold for the payment of Inheritance Tax of £325,000. Inheritance Tax, or IHT, is currently charged at 40% on the value of assets exceeding the nil-rate band.
Fortunately, it is possible to minimise your liability to inheritance tax through effective planning. Adams has a team of experts who are available to guide you through what can be a complex area. We will help you assess the suitability of a range of options such as Life Time Trusts, Will Trusts and Lifetime Gifts, and put the necessary arrangements in place. We work with a range of financial advisers, accountants and other professionals to provide the best possible service.
If you would like further information complete and submit our enquiry form or call us on 020 7790 2000. Click on the links to the left for further news and helpful advice about trusts and inheritance tax planning.
