When making a will, you have an opportunity to try and minimise the inheritance tax liability for your dependants. There are many ways this can be done such as drafting your will to make full use of tax saving measures, including maximising your tax allowances and potentially exempt transfers.
Married couples could save a substantial amount of inheritance tax, simply by making joint wills coupled with good legal advice.
By changing the way you own property and use of life interest trusts, your will can also protect against your property from being swallowed up in nursing home fees, ensuring that half of it will go to your children and not to the local authority.
Owners of agricultural and business assets in Staffordshire will need specialist advice which we tailor to suit your needs.Enquire about this service
The wills and probate team at Ansons Solicitors is ranked tier 3 for personal tax, trusts and probate.
Legal 500 2016
"Your work has been appreciated and it's been a pleasure working with you through this sad process."