The value of your home on its own or when combined with your other assets may exceed Inheritance Tax thresholds, which could mean that your estate becomes liable for inheritance tax when you pass it on. With our help you can take positive steps with active Estate Planning to reduce this risk.
Trusts are a well established and useful tool in estate planning because they allow you to make a gift of assets, without completely losing control of those assets in your lifetime, by placing them in Trust. This enables you to potentially reduce the value of what you pass on thus limiting future tax liability on your estate.
Here at Babingtons Solicitors, we can help you set up a Trust which meets your needs. For more information on Trusts contact our expert Ian McCarter at 028 7134 9531 or email: firstname.lastname@example.org