Inheritance Tax Planning Services in Cumbria, the South Lake District and Furness Peninsula
"Inheritance Tax is, broadly speaking, a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue" - Roy Jenkins MP, Commons Debate, 1986
Over £1 billion is paid in inheritance tax every year that might have been avoided. Many people assume that inheritance tax will not affect them, but the threshold is not very high if you own your own home, and, at 40 pence in the pound, it is a substantial burden to leave to your heirs. Over 15,000 estates were subject to inheritance tax last year.
Governments need tax, simple, but haven't you paid enough during your lifetime and then if you are fortunate enough to have done well and you have considerable worth, the tax man wants more.
More money for them, less money for your family.
Our highly-qualified inheritance tax consultants in South Cumbria and the Furness Peninsula have a wealth of experience in advising on these issues and we could help you cut inheritance tax liabilities for your heirs for the future.
Poole Townsend's legal and financial expertise can help to guide you through the complex area of inheritance tax planning. It is possible to minimise inheritance tax in a number of ways, depending on your personal circumstances: gifts, loans, life assurance and trusts are just some possibilities, along with making the best possible use of the exempt allowance. The situation is complex, however, so advance planning is essential and you need to obtain specialist advice from experts on inheritance tax laws.
We offer you the benefits of our practical legal and financial experience and would be happy to discuss your situation and options in confidence. With offices in Barrow, Dalton, Ulverston, Grange and Kendal, Poole Townsend is one of the longest-established inheritance tax planning specialists in South Cumbria and Furness. You can get in touch with one of our inheritance tax experts via your local branch of Poole Townsend or complete our online enquiry form.
Poole Townsend are Independent Financial Advisers authorised and regulated by the Financial Services Authority. Regulated by the Solicitor Regulation Authority No. 00076553
