Inheritance tax and estate planning

Rising property values and an inheritance tax threshold that has been frozen at £325,000 since 2009 mean that more and more people could find their estates exposed to inheritance tax liabilities in the future.

At MD Consulting, our tax and independent financial planning specialists provide expert advice on mitigating potential inheritance tax liabilities, with the aim of producing effective solutions that deliver tax efficiency while also ensuring you make provision for a comfortable standard of living in later life, taking into account issues such as future housing and care needs.

The earlier you start planning, the greater your opportunity to take full advantage of the tax options available. Issues we consider as part of the inheritance tax planning process include:

  • the use of trusts and transferring assets into these
  • assessing the advantages of a share reorganisation in any private limited company in which you may be involved
  • transferring agricultural or business property
  • planning in respect of the family home
  • assistance with reviewing wills and ensuring they are tax-efficient
  • optimising the value of lifetime transfers
  • lifetime gifts
  • ensuring that potential pitfalls are avoided e.g. gifts with reservation of benefits
  • arranging adequate life assurance to cover potential inheritance tax liabilities.

To find out more about MD Consulting’s inheritance tax planning services in Buckinghamshire, or to arrange a free initial meeting to discuss how we can help you in more detail, please contact us.

Loading Quotes...

Latest News

Tax basis – Getting ready for the end of the transitional year

Are you a sole trader or a member of a partnership? Here is what you need to …
Read more…

Putting the brakes on excessive National Insurance payments through car allowances

Businesses may be able to reclaim significant amounts of National Insurance …
Read more…

Don’t pay more tax
than you need to

Register for our newswire

Our regular Newswire mailings are designed to keep you up to date with the latest industry news and events.

Register here

Client Login
Complete our Client
Satisfaction Survey

Autumn Statement 2023

With a General Election looming on the horizon, Jeremy Hunt rose to deliver...

Read full our summary