Contacts

Gordon Stevenson - Director

Alison Mackay - Manager

Elizabeth Duncan - Manager

 

Inheritance Tax

Inheritance Tax (IHT) may be payable on an estate when someone dies, or when assets are gifted by way of a chargeable lifetime transfer.  IHT is payable on the reduction in value of the estate which results from the transfer.  Since 22nd March 2006, this principally includes transfers to most types of trust. 

We can advise on the strategies that may mitigate tax liabilities and will benefit you in the most tax efficient way, including

  • Will planning
  • Potentially Exempt transfers (PET's) 
  • Exemptions and reliefs

Planning and expert advice is vitally important if inheritance tax is potentially payable on your estate.