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When you are writing a will, you may also want to consider inheritance tax planning. Doing so will relieve the financial burden on your spouse or partner.
If your assets are in excess of £325,000, inheritance tax is payable at 40%. As house prices increase, you could become subject to this tax upon death.
Although the surviving spouse of a married couple can pay inheritance tax from the unused allowance of the deceased, the same is not necessarily true if you are unmarried.
With our guidance, your affairs can be so arranged in your will as to reduce or even avoid this tax completely.
Many of our clients who may have made use of this service, have been able to save over £120,000 in tax.
Our time-served experience and legal expertise is instrumental in getting the very best for you and your loved ones.