Since the government decided to increase probate fees as set out in the Draft Non Contentious Probate (Fees) Order 2018 there has been much discussion in the media. The government proposals seek to increase the existing fixed probate fee of £215...
Inheritance tax could have an impact on your estate if the value of your assets less your debts is greater than the inheritance tax threshold (£325,000 this tax year).
Through careful planning you can ensure that maximum use is made of your inheritance tax 'allowance' available on death. An inheritance tax efficient Will is a good starting point and, in most people's cases, could be all that is needed.
To speak to a member of our probate team in relation to inheritance tax planning please call 0203 837 3658.
Areas of specialism
- Inheritance tax planning through Wills
- Inheritance tax planning through lifetime gifting
- Creation and administration of trusts to pass on wealth