Estate and Inheritance Tax Planning and Wills

We offer an estate planning service to all our private clients, regardless of size. Simple advance planning can often avoid considerable amounts of tax and ease the burden on your loved ones when you die.

We can advise with regard to the most efficient way to arrange your affairs and potential ways to reduce your Inheritance Tax (IHT) which can include:

Maximising the use of IHT reliefs
Ensuring your assets qualify for Business Property or Agricultural Property Relief where relevant
Making lifetime gifts both to other individuals and into trust
Review of life assurance policies and ensuring proceeds are paid tax efficiently
Review of pension arrangements
Calculating and documenting gifts out of income
Freezing assets and removing capital growth from your estate
Converting assets into those which would enjoy IHT reliefs
Claiming deceased spouses nil rate band
Maximising the use of the nil rate band for successive marriages

Additionally we ensure that clients have wills reflecting their wishes – tax minimisation is not everything!

Preserving wealth for the family can be accomplished in a number of simple ways - taking advantage of exemptions, use of trusts, appropriate financial and pension products and, of course, drawing up tax efficient wills. There is no right answer for any one individual and at Rawlinsons we ensure that we listen to what you want and come up with a plan that suits you and your family, one which can be regularly reviewed and amended to suit your needs during the course of your lifetime and beyond.