Inheritance Tax Planning (IHT)
Our team of Inheritance Tax Planning Solicitors can offer you a consultation and Inheritance Tax Planning advice at one of our branches or head office, whichever is closest to you. Alternatively, we can come and see you at home or in your care home.
Our Solicitors are here to help and advise you in this complex area of the law in a straightforward and understandable way. Please complete our Request a Callback form at the top of this page and we’ll get right back to you.
What will happen at our meeting?
We will review the value of your total assets and your current Will provision. We will be able to advise you if you have any Inheritance Tax liability and when it will be payable. We will help you put in place any measures that you may want to take to avoid paying Inheritance Tax.
What is the Rate of Inheritance Tax?
The rate of Inheritance Tax is 40%.
When does Inheritance Tax have to be paid?
It is the responsibility of the executors or personal representatives of your estate to settle any inheritance tax bill before distributing your assets to your beneficiaries. You can ask the inland revenue to pay the IHT liability in installments, but this will attract interest, which we can also advise you about.
How can Vincents Inheritance Tax team help?
Our team of Inheritance Tax Planning Solicitors are dedicated to helping you reduce your Inheritance Tax liability. Planning beforehand will make things easier when the time comes for your beneficiaries.
As part of your Inheritance Tax Planning advice, we can talk about making gifts to mitigate any potential IHT liability. We can also advise you about setting up trusts and advise on any potential business, property or agricultural relief your estate may qualify for.
What next?
Please speak to one of our Inheritance Tax Planning Solicitors today for friendly, professional advice. Clear Advice Feels Better.
For more information regarding Inheritance Tax Planning, please contact our Inheritance Tax team on 01772 555 176 or email enquiries@vslaw.co.uk
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After reviewing one of our Court of Protection clients welfare benefit payments we have secured a back dated payment of £22,000 from Aug 2021, monthly income from £0 – £1,502. Together with a previously secured ESA payment of £16,901.30 our client has received a total of £39.216.30 which he did not realise he was entitled to without the support of his Deputy Oliver Banks and his amazing team.
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I initially spoke to Mary in Garstang Office to enquire about setting up a Power of Attorney, Mary was polite and explained in detail what was required.
I next spoke to Lisa who gathered all of the personal information required to draw up the POA and this was followed up by a home visit from Mary for my part to be signed. This was very much appreciated as a disabled, elderly person.
These two young ladies are to be commended for their expertise and the respect shown to me.
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Our experience was just perfect. A good listener, knows her products well, willing to advise, confident yet modest. An asset to the team.
Clear Advice Feels Better
After reviewing one of our Court of Protection clients welfare benefit payments we have secured a back dated payment of £22,000 from Aug 2021, monthly income from £0 – £1,502. Together with a previously secured ESA payment of £16,901.30 our client has received a total of £39.216.30 which he did not realise he was entitled to without the support of his Deputy Oliver Banks and his amazing team.
Commended for their expertise
I initially spoke to Mary in Garstang Office to enquire about setting up a Power of Attorney, Mary was polite and explained in detail what was required.
I next spoke to Lisa who gathered all of the personal information required to draw up the POA and this was followed up by a home visit from Mary for my part to be signed. This was very much appreciated as a disabled, elderly person.
These two young ladies are to be commended for their expertise and the respect shown to me.
Perfect Experience
Our experience was just perfect. A good listener, knows her products well, willing to advise, confident yet modest. An asset to the team.
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