When IHT becomes due on death, the rate of tax is 40%. This is a significant charge, and we work with clients to reduce this, where possible. There are some situations where IHT cannot be avoided, and we can also put in place life cover to help your beneficiaries pay the tax.
Our approach to fees
We want to provide our clients with fixed fees. That can be quite difficult to do unless we properly understand your individual circumstances, and what we need to do for you. We don't want to compromise the work we do for you or the service we deliver, by offering a headline grabbing fee quote, which we don't then deliver on.
Our approach to feeing is therefore to meet with you, and to establish your objectives. The cost of this meeting, which will include a review of your assets, succession planning and your tax situation, will be £250 + VAT. The cost of this meeting will be deducted from any fee for work which follows.
At this meeting, we will provide you with an estimated fee for carrying out the work, and we will not go ahead with that work unless you have approved that fee quote.