Inheritance & Tax Planning Solicitors

Professional legal advice to help you pass on your assets tax-efficiently

Planning for Inheritance Tax on your Will ensures that your close ones receive the most from your estate, without losing out to tax. Our experienced solicitors can advise you on the best way to make the most of your Will.

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Call Us: 0800 138 0458

What is Inheritance Tax?

Switalskis Solicitors Inheritance Tax Planning

Inheritance tax takes into account the value of your estate when you die including assets, property, gifts made and so on.

Inheritance Tax no longer applies only to the wealthy. Any assets over the threshold of £325,000 are taxed at 40%. This is why Inheritance Tax Planning is necessary, so that those in your will get the maximum possible of your estate. Our experienced team can help you to reduce the amount of inheritance tax payable on your estate – depending on your circumstances, we may even be able to help you avoid inheritance tax altogether.

How Can Switalskis Help Me with Inheritance Tax Planning?

There are three common ways of reducing Inheritance Tax liability that people tend to use. Our friendly and knowledgeable solicitors have experience in there areas.

1. Making a Tax Efficient Will

Assets that are passed onto a spouse are exempt from inheritance tax, which means that it could be ultimately be your children losing out due to tax. By each writing a discretionary trust into your wills to hold assets which may significantly increase in value faster than the threshold for Inheritance Tax, such as property, you could significantly reduce the amount of inheritance tax payable on the second spouse's death. Contact our Wills specialists to find out how we can help you make a tax efficient Will.

2. Creating a Trust Withing Your Lifetime

By placing assets into a trust for trustees to manage, you could save significantly on Inheritance Tax. This is provided you survive seven years after the transfer of assets is made.

3. Making a Gift

You are able to give assets away as gifts to those you trust. However there are certain restrictions to this which our solicitors can explain to you and help you with. In order for your tax liability to be reduced, you may also have to survive for seven years after the gift is made.

What Happens if I am Not a British Citizen?

It does not matter whether you are a British citizen or not when it comes to inheritance tax. You are required to pay inheritance tax based upon your residence. If your permanent home is documented as being in the UK, then you could be liable to pay tax. It is always best to contact a professional who can assess your situation and the best course of action, as this area of law can be tricky and can catch people out.


Our Wills, Estates and Probate Specialists

Catrin Lloyd, Wills & Probate Solicitor, Switalskis

Catrin Lloyd

Director & Solicitor

Amanda Steele, Wills & Probate Solicitor, Switalskis

Amanda Steele


Katherine Jordan, Wills & Probate Solicitor, Switalskis

Katherine Jordan


Sharon Woodward - Wills & Probate Solicitor - Switalskis

Sharon Woodward


Linda Firth, Wills & Probate specialist, Switalskis

Linda Firth

Specialist Legal Clerk

Louise Davis, Wills & Probate Lawyer, Switalskis

Louise Davis

Specialist Legal Clerk

Fiona Haigh


How Can Switalskis Help Me?

Our Inheritance Tax Planning Solicitors are accredited members of the Society of Trusts and Estates Practitioners. This means their expertise has been rigorously assessed by this respected professional body. We can help by discussing your options for reducing the inheritance tax paid on your estate with you. To arrange your free consultation with one of our specialist solicitors call 0800 138 0458, or send us a message through our website.

What our clients say

"Excellent quality service and advice provided. Linda was very professional in her approach and explained everything clearly."

'JH' - Wills & Probate Client

Thank you for all your help with Mum’s LPA and will.  You certainly made what was an initially daunting process very smooth and stress free. We really appreciated your professional yet friendly and caring approach.

Wills & Probate Client

"Catrin Lloyd handled our case with compassion and respect."

Wills & Probate Client

"We were very pleased with the service."

Wills & Probate Client

"Thank you for a speedy and efficient service."

Wills & Probate Client

"Amanda was extremely helpful and took time to explain everything. Lovely, friendly approach at a difficult time. Thank you."

'TC' - Wills & Probate Client

"The whole experience was very positive. I was listened to and advised accordingly."

'JB' - Wills & Probate Client