How inheritance tax works
Inheritance tax is usually charged at 40% on the part of an estate above the available tax-free allowances. Estates passing to a spouse or civil partner are generally exempt, and unused allowances can often be passed to the surviving partner.
Rising property values, the long freeze on allowances, and recent changes affecting pensions, farms and family businesses mean more families are affected than ever before.
How we help
- A full review of your estate and likely tax position
- Making the most of your allowances and exemptions
- Lifetime gifting and the seven-year rule
- Trusts to hold assets outside your estate
- Life cover written in trust to help meet any bill