Tax planning is sometimes thought of as just saving Inheritance Tax (IHT) but you may have an opportunity to mitigate the impact of other taxes.
Else commercial solicitors will guide you through a range of investments and savings available to you, making sure that all arrangements are effective and compatible and those opportunities are maximised. Tax planning during your lifetime as well as in your Will can lead to valuable Inheritance Tax savings on your death.
There is a IHT law which allows for assets to be given as gifts, These gifts are set up by you and can be given in individuals or put into trusts. The IHT law certain parameter and these frequently change, we can advise you on the best way to save as much Tax as possible.