Inheritance Tax Advice in Plymouth
The Will Centre, based in Plymouth, specialise in providing legal advice on Inheritance Tax and how to limit your liability. During the 80s and 90s, more and more people have found themselves on the property ladder as the economy grew. This was great, however, a lot of people have found that they are going to be subject to an Inheritance Tax liability and have not put any planning in place to attempt to minimise this. The Will Centre can help you, if you are one of these people!
Ensure you have a Tax Efficient Will
Now that more people are subject to Inheritance Tax (IHT), married couples and registered civil partners should consider making tax efficient Wills to prevent their inheritance from going to the Government, unless of course you are happy for them to have it! Making an IHT Will can be like winning the lottery; you can save over £100,000 by taking this step.
We pride ourselves on providing expert legal advice whilst remaining family friendly and jargon free. Ensuring you understand what we’re doing for you and more importantly why we’re doing it.
To find out if you could have an Inheritance Tax liability in the future call today on:
01752 607 040
Or To arrange your appointment or discuss your legal requirements with our friendly team use the contact form below.
Recent Articles on Inheritance Tax
How to Reduce your Inheritance Tax Bill?
A combination of rising house prices and a freeze on the threshold at which estates pay inheritance tax means that many more households fall into the tax net than was once the case. With some [...]
HM Revenue & Customs' receipts of inheritance tax (IHT) leaped to GBP4.7 billion in the 2015–2016 tax year, a 22 per cent increase on the previous year. According to the report, properties, household savings and [...]
The Cohabitation Rights Bill
See the Progress of the Bill here: http://services.parliament.uk/bills/2016-17/cohabitationrights.html The concept of ‘Common Law’ marriage is a myth. If you are not legally married or in a registered civil partnership then your rights of inheritance are [...]
Business Relief for Inheritance Tax
1. Overview Business Relief reduces the value of a business or its assets when working out how much Inheritance Tax (IHT) has to be paid. Any ownership of a business, or share of a business, [...]
“Many thanks for your kind attention in respect of advice given to Sally and me for preparation of our Wills today. Your professionalism and very pleasant attention to detail was most appreciated.”
Just a quick mail to thank you for the smooth, efficient witnessing of our Wills yesterday in a most professional and courteous environment.
It was very nice to meet you after all this time!!!
“You were very helpful in getting the wording of the Will clear. It’s not been an easy task to change my Will but it was made easier by your advice. All the staff are very helpful as well.”