The fact of inescapable death is something we sensibly try to avoid dwelling on too frequently. However, if we want to ensure a successful and tax-efficient transfer of assets in the event of death, it's something we need to confront at a timely juncture.
Given the price of property, leaving a substantial inheritance tax liability after death has become a major issue for most of us these days. Early planning allows you to maximise the assets received by your beneficiaries by taking full advantage of the complexities of inheritance legislation.
Making full use of exemptions and lower tax rates on lifetime transfers, optimising lifetime transfers between spouses and transferring business assets efficiently all take a long time. That's where professional advice comes in.
estate counsel
Here at Murray's our team can also advise on drawing up and reviewing your will and transferring assets into trusts.
With our detailed knowledge of international tax regimes, we're also in a position to assist in ensuring that all of your assets are passed to those you choose to benefit in the event of your death.
You spend your life accumulating assets; the tax authorities spend your death trying to relieve your beneficiaries of as many of them as possible. Start the process of preventing them right now!
Murray Accounting Services Ltd - Incorporated in England - Company No.5551961
Registered Office: Mead Court, 10 The Mead Business Centre, 176-178 Berkhampstead Road, Chesham, Bucks HP5 3EE
