Unlike with Capital Gains Tax, there is no relief from Inheritance Tax on your private home.
With this in mind it is clear that, for many people, IHT has the potential to be a real problem and the longer it is put off, the greater that problem can become.
At Howard & Co we can devise strategies to help make sure your estate goes to the right people.
- Help with drawing up and reviewing your Will
- Making full use of exemptions and lower tax rates on lifetime transfers
- Optimising lifetime transfers between spouses
- Transferring agricultural or business property
- Transferring assets into trust
- Arranging adequate life assurance to cover potential inheritance tax liabilities