Malton - 01653 692247
York - 01904 716000
Wetherby - 01937 583210
Malton 01653 692247
Inheritance Tax Planning

Inheritance Tax Planning Lawyers, Yorkshire

Planning for the future is an essential part of life, and inheritance tax planning is an integral part of wealth management. You want to be sure that you leave your chosen beneficiaries as much as possible from your estate, and by planning your affairs effectively, you can mitigate your inheritance tax liability. There are several methods of inheritance tax planning, and our experienced solicitors can talk you through your options and help you to implement a strategy that works for you and your assets.

To discuss inheritance tax planning with a member of our team, call us today on 01653 692247 (Malton) or 01904 716000 (York) or 01937 583210 (Wetherby) or complete our online enquiry form and we will be in touch to arrange an appointment.

Effective inheritance tax planning

With effective planning, however, the tax burden can be reduced substantially. Speaking with an experienced inheritance tax planning solicitor will provide you with information about the best options for you to ensure that as much of your estate as possible is passed on to the people and causes that are important to you.

Planning for inheritance tax through your Will

The most straightforward method of inheritance tax planning is through making a Will. Many people put off making a Will for another day, but without having a bespoke Will in place, you leave your estate open to the rules of intestacy and no opportunity to mitigate the inheritance tax paid on it. Our lawyers can expertly guide you through the process of making a Will, advising on opportunities to reduce your inheritance tax liability at every stage.

Preparing for inheritance tax through lifetime giving

We can advise you on the rules around lifetime giving, and also how this might be done to mitigate your inheritance tax liability.

Creating and utilising trusts to reduce inheritance tax liability

Setting up a trust or multiple trusts can be a very effective means of providing for those closest to you after you have died. It may also allow you to minimise your inheritance tax bill, to ensure as much of your estate as possible is passed to your chosen beneficiaries.

Arranging your affairs to take advantage of tax reliefs

There are various tax reliefs which may be available to you. Once we have taken instructions from you we can advise you whether you may be able to take advantage of such reliefs.

Business succession planning

In addition to personal tax exemptions and allowances there may be either Business Property Relief or Agricultural Property Relief available to you.

To discuss whether these might be available to you, contact us today.

Contact our Inheritance Tax Planning Solicitors in Malton, York & Wetherby

At Pearsons & Ward, our inheritance tax planning solicitors can offer friendly, efficient and professional legal advice on reducing the tax liability on your estate. We offer competitive pricing and, in some circumstances, a fixed-fee service. Whatever your circumstances, our inheritance tax planning lawyers will be happy to discuss the best arrangements for you. For a no-obligation quote, call us today on 01653 692247 (Malton) or 01904 716000 (York) or 01937 583210 (Wetherby)), or complete our online enquiry form.

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Emma Elwess Bio
Emma Elwess Director – Wills & Probate
Malton Office, Wetherby Office

Contact Emma

Laura Carter
Laura Carter Associate – Wills & Probate
Malton Office

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Laura Schofield Head of Wills & Probate (Wetherby)
Wetherby Office

Contact Laura

Laura Carter
Lynne Smith Associate - Wills & Probate
Malton Office

Contact Lynne