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

Four great reasons to file your tax return early

We often find that clients begin to show signs of stress when the Self-Assessment …
Read more…

New advisory fuel rates for electric company cars

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates …
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

Spring Budget 2024

The latest Budget was an important speech for the Chancellor, Jeremy Hunt...

Read full our summary