Minimising your inheritance tax liabilities
MGI Midgley Snelling LLP can help you take full advantage of any planning opportunities available to maximise your estate and ensure your loved ones are adequately provided for after your death, giving them financial security and you peace of mind.
Non-doms are still in the enviable position of being able to minimise inheritance tax liabilities with effective planning and the judicious use of trusts, but strict time limits apply to how long these opportunities are available for.
Even after your death, tax savings may be possible. For example, we are able to advise on deeds of variation, which can alter the way that the assets from your estate are distributed.
MGI Midgley Snelling LLP also provides full executorship administration services, ranging from acting as the executors of your estate and taking care of every aspect to simply drafting estate accounts or liaising with HM Revenue & Customs on inheritance tax issues. We can also complete all the necessary tax forms.
To make it easier for the executors to collect together all the details required to deal with your estate, we have prepared a booklet which sets out the essential information required in the event of your death. We hope this will remove some of the pain and anguish at what is already a very difficult time.
To find out more about our inheritance tax mitigation services, please contact us.