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Estate Planning & Inheritance Tax Legal Advice
Inheritance Tax is the Government's fastest growing income stream. Over the past seven years, most house owners have seen their home rise in value by more than 100%. Many employees now benefit from Death in Service payments of three, four and sometimes five times their salary. This has resulted in the potential estate of many individuals greatly exceeding the Inheritance Tax threshold of £300,000. Inheritance Tax is currently 40% and applied to all estates in excess of £300,000. Other taxes can be levied on income and capital gains as well as Inheritance Tax. Many of these tax liabilities can be minimised or even avoided by prudent planning. Tax and future planning may involve no more than involving a series of life-time gifts or simply making a will. Other situations may involve the setting up of trusts. The use of a trust involves giving assets which can be money, stocks and shares, property etc to trustees who administer the assets in accordance with the terms of the trust. To take advantage of MK Legal's Will Writing Service, all you have to do is complete the Questionnaire and return it to us at:- MK Legal On receipt of your completed Questionnaire, we will contact you to obtain any additional information to help us gain a better understanding of your circumstances. Download our Will Writing Form To find out how MK Legal can help you make the right decisions, call 01604 828282 or email |
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MK Legal is part of and a trading name of Franklins Solicitors LLP. Franklins Solicitors LLP is a Limited Liability Partnership and is authorised and regulated by the Solicitors Regulation Authority, SRA No: 382080. Registered in England under Company No: OC303900, VAT No: 365 919316.A list of members is available for inspection at the Registered Office at our Northampton Branch. |
