Inheritance Tax Planning

When your individual estate is valued at more than £325,000 at the date of your death; your executor may have to pay inheritance tax before distributing your wealth to your loved ones. IFS Legal Services Ltd is able to offer solutions which can assist in reducing any Inheritance Tax Liability. The tax allowance for Inheritance Tax or the ‘Nil Rate Band’ as it is more commonly known is frozen until the end of tax year 2017/2018. Your Personal Estate Planner can assist you in maximising the use of your allowances in order to reduce any potential liability. Setting up an Inheritance Tax evaluation with your Personal Estate Planner couldn’t be easier.