Inheritance tax planning

Thinking ahead

When people come to us with questions about inheritance tax planning, there’s usually one priority: providing for their loved ones after they’re gone.

Most of us want to make sure that the people most important to us benefit from everything we’ve worked hard for – whether that’s passing down property, gifting a sum of money, or leaving other assets in our wills.

But, without proper planning, an inheritance tax liability can become unmanageable and it will be your loved ones that would lose out.

Understanding how to reduce the amount of inheritance tax on your estate may seem complicated, and it can be difficult to know where to begin. That’s where robust inheritance tax planning comes in.

Cottons are here to make that conversation as easy as possible – making sure we ask all the right questions so that you’ve got a plan in place for when you need it most.

Our team will help you get the process started as soon as possible. We’ll carry out a full inheritance tax review, advising on all the possible scenarios (like, for example, what would happen if you left your house to your spouse, and they wanted to pass it to your children when they pass away). We’ll map out a short, medium and long-term plan – and then help you put those recommendations into place.

If you’re ready to take the next step please get in touch.


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