Tax Planning & Wills

Inheritance Tax Planning

Your estates and assets are the culmination of a life time of hard work and to ensure your loved ones benefit as much as possible after your death requires planning.

With the substantial increase in property prices over the last decade, many more people are finding themselves subject to inheritance tax (IHT). Planning ahead is vital to limit the tax your loved ones will have to pay in the event of your death.

There are a number of possible approaches to mitigating IHT and we can advise on the most tax-efficient way to pass on your estate. Great care should be taken in establishing the most appropriate route for you.

HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.

Wills

A will is an important first step in your estate planning. A professionally written will protects your assets and ensures your wishes are fulfilled after your death.

It is essential that your will is reviewed regularly and updated to reflect any changes in your circumstances and wishes.

It is important to take professional advice when drafting a will and we can help you achieve all your objectives in this area.

Please note: Will writing is not part of the Openwork offering and are offered in our own right. Openwork accept no responsibility for this aspect of our business. Will writing is not regulated by the Financial Conduct Authority.