Wills and Tax Planning
Making a Will need not be as daunting as you might think. The process can be quite straightforward but may prove to be crucial to those who are left behind in the event of your death.
Making a Will can provide you with the peace of mind of knowing that in the event of your death your wishes will be carried out and will enable you to not only deal with your assets in the way you would want to but also to set out your wishes for your funeral arrangements, guardians for minor children and for any gifts you wish to make.
When property prices increase more and more people find that they are worth more than they thought and that their estates will be subject to Inheritance Tax. Making a Will can enable you to plan for matters in a way that reduces the liability to Inheritance Tax.
For Muslim clients who wish their Wills to be Shariah compliant we can provide advice and produce such Wills for you that are tax efficient.
Our Private Client team can also offer sound advice on the succession and Inheritance Tax implications of passing on the family business and can help you to consider whether or not a Business Will would be best suited to your circumstances.























