Estate Planning

Estate Planning

We understand that many people are concerned that their families will suffer significant “death duties” when they are gone.

Inheritance Tax is often described as the “voluntary tax”. Provided that advice is taken early liabilities are generally easily reduced, wiped out altogether or can be covered by Life Assurance policy proceeds written under trust. When looking for tax advice in Northampton or Dorset, our teams can provide advice on the best way to achieve this, meaning you can be sure that your family will inherit as much as possible.

Estate Administration

Our advice does not stop when one of our clients dies. With years and caseloads of experience, our team has the expertise to assist in the completion of the administration of a deceased’s Estate. Our advice ranges from help in valuing assets, especially investments, through to the completion of the Inheritance Tax forms which need to be sent to H M Revenue & Customs.

Having a specialist tax advice team means that we are also able to prepare the Tax Returns to the date of death and deal with the tax liabilities or repayments which may arise. This would include liaising with HM Revenue & Customs and the completion of Form R27 and its submission. We can also help with the Form R185, setting out the income paid to the beneficiaries during the administration of the Estate.