Succession and Estate Planning
Did you know...?
It is therefore essential that you consider the value of your estate and how much it could be worth in the future to avoid the next generation losing out on the assets which you have worked hard to acquire during your lifetime.
Bright Solicitors
Our specialist team can help minimise your inheritance tax liability and deal with issues regarding future care home costs.
We provide strategic estate planning to safeguard family and business assets, making sure that you make the most of valuable Inheritance Tax benefits such as Business Property Relief and Agricultural Property Relief.
We can also work closely with your accountant and financial advisor to ensure that we provide advice tailored to your individual situation.
Please contact Carly Jeffery on 01752 968442 or e-mail Carly.Jeffery@brightllp.co.uk
Useful Information
In 2017, a main residence nil-rate band came into force and individuals who have an estate above the inheritance tax threshold (nil-rate band) of £325,000 and leave property to a direct descendant on death will benefit from an additional nil-rate band. The main residence nil-rate band thresholds are set out below:
1. £100,000 in 2017 to 2018
2. £125,000 in 2018 to 2019
3. £150,000 in 2019 to 2020
4. £175,000 in 2020 to 2021
If you would like further information or advice about Estate Planning, please contact Carly Jeffery on 01752 968442 or e-mail Carly.Jeffery@brightllp.co.uk
We are highly experienced in Estate Planning and writing Wills. We are members of the Law Society and are regulated by the Solicitors Regulation Authority so you can be confident that you are getting the very best service. Within our team we have membership to The Society of Trust and Estate Practitioners (STEP) and are members of Certainty (National Will Bank).
