Protect your beneficiaries from being forced to sell your property in Greater Manchester and the North West. Selling inherited assets happens most frequently in the case of property. Do your best to prevent the heartache of your family being forced to sell off your property by setting up a tax efficient will, you can help remove any potential tax liability. There’s never been a better time to consider your family’s future, so call us now on 01706 627127
You Can Trust FWD Accountants for Help with Inheritance Tax
Inheritance Tax can be a challenge to understand. When you pass away Inheritance Tax is attached to items you have left behind to friends and family members. This tax can affect large items such as property as well as smaller value items such as personal belongings. Even with gifts given up to seven years prior to death the recipient can still be expected to pay Inheritance Tax. Trusts can also be liable for Inheritance Tax because they are affected by the deceased’s death, despite not being technically owned by the deceased.
The Complicated Inheritance Tax Laws
To make matters even more complicated the laws that govern Inheritance Tax change all the time. FWD will help your family and friends pay the least amount of Inheritance Tax possible. With regards to the laws surrounding Inheritance Tax a qualified accountant will be well educated and up to date. Accountants are required to continually update their knowledge, putting them at a distinct advantage. With that in mind, it would be smarter to find assistance in dealing with Inheritance Tax.
If you are interested in our Inheritance Tax Planning Services then please contact FWD.