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.