At Sherrards we understand the importance of careful estate planning, which can significantly reduce tax and increase assets left to beneficiaries included in your Will.
Inheritance tax planning is technical and there are multiple rules in place that can make it difficult to understand. However, it’s important to know that there are methods available that can help to reduce the inheritance tax accrued upon distribution of your assets. This includes placing assets into a trust, or giving gifts of property and money away before death.
Before making any definitive future planning decisions, it is always best to talk these options through with a Wills specialist. Our Wills, trusts and probate team understand that every situation is different and can provide tailored advice to ensure that you make the best choice possible for you and your loved ones.