Inheritance Tax Planning

There are many varied possibilities to minimise your Inheritance tax liability. The objective is a reduced inheritance tax bill or ideally no inheritance tax bill at all.

Some of the methods that we use as a way of  minimising inheritance tax are:

1. Maximizing Business property relief and other exemptions
2. Nil Rate Band planning and Home Nil Rate Band planning using an up-to-date Will
3. Deed of variation
4. Discounted gift and income and other trust structures
5. Lifetime gifts
6. Establishing patterns of normal expenditure out of income