Carousel_Arrow Chat IHT_trust_wills IR35 Login Mobile Menu Share Share Email SubMenuMobile VAT View_Gallery View_List capital_allow Triangle 2 Copy Close construction cyberpro employment_tax_shares emplyer_solutions entrepreneurs_corps fee_protect Go grant_fund Group i_Clock i_Consult i_Done i_Eligibility_Tick i_Enter i_Filter i_HMRC i_Negative i_Play i_Plus i_Reset i_Support_Legal i_Support_TaxDesk i_Support_VAT i_Tick noun_marketing_1872083 noun_online_2126759 i_download i_meet Group Copy 24 Group 18 noun_electrical_1240755 copy noun_Technology_2125422 noun_Science_2031115 i_tick_bullet_block international_tax patent_box private_client property_sdlt r_and_d reliefs_incentives Search specialist_tax status tax_indemnity valuation
icon_cookie Created with Sketch. Cookies

We use cookies on this website. You can choose to accept them all or to opt out of some. You can change your consent at any time by opening this window again

This includes all necessary technical and session cookies, plus performance, tracking and persistent cookies.

If you choose this option, we will block all performance, targeting and persistent cookies. Many parts of this site will then not work.

Please read the full details in our Cookie Statement.
Markel Tax

IHT trust & estate planning

Inheritance tax (IHT) accounted for around £5bn of tax revenue last year – hitting families harder than ever.

The key to IHT, trust and estate planning is to plan ahead. Around 70% of people die without a will, missing valuable opportunities to save tax. Leaving lifetime planning to the last minute leads to missed opportunities to reduce the liability.

Spot an IHT, trust or estate planning opportunity

Key inheritance tax, trust and estate opportunities may arise from:

  • Clients with estates worth over £325,000 individually
  • Couples with combined estates over £650,000
  • Clients with out of date wills or no wills
  • Recent business sales or inheritances
  • Farmers and property/land owners
  • Widows and widowers
  • Clients who pay grandchildren’s school fees
  • Clients with money invested in property companies
  • Clients concerned about family company succession planning
  • Business property relief and agricultural property relief

We advise on the full spectrum of IHT planning, from what should be included within basic tax efficient wills, through to more complex IHT matters such as bespoke trust structures.
 
We can also arrange for wills, deeds of variation, trust deeds and other legal documents to be prepared if necessary.

The process

 The Markel Tax team will typically take clients through the following process:
 
Step 1 - A complimentary initial overview of circumstances and pre-assessment
Step 2 - A detailed fact-find
Step 3 - We produce recommendations and assist with implementation including IHT planning and sourcing legal assistance with will writing and lasting powers of attorney

Powered by