Hemel Hempstead

Family Law Solicitors

Inheritance Tax
When the time comes, some of us may wish to give our assets to children or grandchildren so we can help you plan ahead.

Inheritance Tax

When the time comes, some of us may wish to give our assets to children or grandchildren. Planning ahead for when you die allows you to set out in a clear manner who should receive what from your estate.

Inheritance Tax is charged on these assets on a person’s death and in some cases on gifts and trusts.

KK Law can help you think through your plans, the financial impact and provide tax advice which can help you reduce the level of inheritance tax that would be paid on your death.

There are a number of ways in which we can assist you to reduce any potential liability including some more complex planning arrangements which we can help you put in place and save substantial amounts of tax.

 

Family Property

Family homes can attract huge liabilities though fortunately there are many schemes available to those who wish to avoid incurring huge taxes, whether they wish to sell the property after death or keep it in the family.

 

Trusts

Trusts are a strong and established way to protect assets for beneficiaries and even future generations.

They have strong tax advantages and can also act as a kind of insurance to the potential financial pitfalls that beneficiaries and descendants might encounter.

 

Lifetime Gifts

It is possible to greatly reduce the tax liability of an estate by distributing assets by at least seven years prior to death.

 

Reliefs & Exemptions

To minimise any liability, there are a range of reliefs and exemptions available which our eam can advise you on.

 

Contact us now to see how we can help

If you would like more information on the legal services we offer,
please request a call back by entering your details below.

Thank you.
We will be in touch shortly...
Regulatory

Authorised & Regulated by Solicitors Regulation Authority No 53987.

Principal:
Robert Geoffrey Watson

© KK Law Solicitors 2018
Privacy Policy | Terms & Conditions | Complaints Procedure
Website Design by