Tax & Financial Aspects of Wills and Probate – Legal Advisory

Our law firm provides specialised advice on the tax and financial considerations involved in estate planning, wills, and the probate process to help clients maximise wealth preservation and ensure compliance with legal obligations.

Tax Planning and Advice

We assist clients with:

· Inheritance tax (IHT) planning and mitigation strategies

· Capital gains tax implications related to estate assets

· Understanding and utilising tax reliefs and exemptions

· Structuring lifetime gifts and trusts to minimise tax liabilities

Financial Administration of Estates

Our services include:

· Valuing estate assets for tax and probate purposes

· Preparing and submitting inheritance tax returns to HMRC

· Advising on estate liquidity and funding of tax payments

· Coordinating the payment of debts, taxes, and distribution of assets

Additional Support

· Guidance on the financial responsibilities of executors and trustees

· Advising on the tax consequences of trusts and lifetime planning

Working with financial advisors and tax specialists to deliver integrated solutions