Estate & inheritance tax planning

You could be liable for inheritance tax simply because of the value of your house. Tees can help you put a strategy in place to ensure you're in the best financial position possible.

Neil Matten, Cambridge

Advice on estates and inheritance tax planning

Inheritance tax, once known as ‘death duties’, used to be the preserve of the rich. Not anymore, though, as rising house prices mean many more people will have estates that could be liable for the tax. This might include you - it's worth finding out, as you might be pleasantly surprised how much your estate is worth! Taking financial advice early means you're in the best position to manage your tax liability. So, you won't need to pay a penny more than you have to. In turn, this means leaving a larger inheritance to those you care about after your death. 

Tees can guide you through the process at every step. We'll evaluate your assets, and your financial position - so you're set up

How inheritance tax works

This is how your estate is assessed for inheritance tax:

  • It doesn’t apply when an estate moves between a husband and wife or civil partners
  • But once both have died, the estate is assessed
  • Liabilities (such as a mortgage) and the tax-free rate (currently £650,000) are deducted from the total assets (including life policies not written in trust and gifts made within seven years)
  • What remains is liable for inheritance tax at 40%

With careful planning, you could reduce a potentially hefty tax bill. The financial advisers at Tees have the expertise to help you. We understand the system inside out, and we'll look at every angle to get the best result for you.

How we can help

We are experts in estate and inheritance tax planning, and we can help you draw up a plan that means the tax man won’t be able to take a large bite out of your family’s inheritance. In fact, our experience tax-planning professionals can make sure you don't pay a penny more in inheritance tax than you need to.

We work for you

We can advise you on every angle of tax planning and how it might affect your personal estate. We’ll help you make sense of all the various rules and allowances, we’ll work with you to ensure you get the final say on where your money and other assets end up.

Our service covers it all

We can also combine your financial planning and legal management. This way we get to understand you better, and can adapt plans to suit your changing needs. And you get to save time and money. The sort of matters we can bring under this single service include:

  • Inheritance tax planning – will writing, power of attorney arrangements
  • Family law – protection reviews, pension sharing, savings for children, school fees
  • Trust law – investments, diversification, advising trustees, long-term care
  • Commercial/employment law – business protection, pensions, auto enrolment 

What to do next

We build our service around your needs and your circumstances. We listen to what you have to say, and we do all we can to get the result you're looking for. We are regulated and authorised by the Financial Conduct Authority, which means we are accountable for all the advice that we give.

Our expert advisers will talk to you in plain language and spell out your options so you know exactly what you can do. And you can be sure that everything we recommend will be focused on drawing up a plan that works for you and your family.

To find out more, give us a call – we offer a free consultation and can even visit you at home if that’s more convenient. Tell us what you want to achieve and we’ll let you know how we can help.

Call our specialist Financial Advisors on 0800 0131165

For a free initial consultation at no obligation. Alternatively, please fill out our enquiry form and an advisor will contact you.

Enquiry form

We understand your situation and our expert team are here to help

Get in touch to speak with someone who can help you move forward.

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The financial services provided by Tees on this page are regulated by the Financial Conduct Authority and not by the Solicitors Regulation Authority, which regulates our legal services.

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