Inheritance tax planning & advice

A carefully drafted will is the foundation of any tax-efficient estate plan. Without a will, your assets could be distributed in a way that increases the inheritance tax burden for your loved ones. Our expert solicitors will: 

• Ensure your will reflects your wishes while minimising tax liability. 

• Advise on using the residence nil-rate band to protect the value of your family home. 

• Help structure your estate to take full advantage of tax exemptions. 

Setting up a trust can be an effective way to manage inheritance tax while ensuring your assets are protected for future generations. Depending on your circumstances, we may advise on: 

• Discretionary trusts – Offering flexibility while keeping assets outside your taxable estate. 

• Life interest trusts – Allowing a spouse or relative to benefit from income while preserving capital for future beneficiaries. 

• Bare trusts – Passing assets to children while keeping inheritance tax liabilities to a minimum. 

Trusts can also help protect assets from creditors, family disputes, and care home fees. We guide you through which type of trust best suits your needs and handle all legal requirements. 

Many people pay more inheritance tax than they need to because they aren’t aware of the available reliefs and exemptions. We ensure you benefit from: 

• Spouse or Civil Partner Exemption – No inheritance tax is due on assets left to a surviving spouse or civil partner. 

• Annual Exemption – Gift up to £3,000 per year tax-free. 

• Small Gift Exemption – Make unlimited tax-free gifts of up to £250 per recipient. 

• Business Relief & Agricultural Relief – Reduce inheritance tax on business and farm assets. 

• The 7-Year Rule – Reduce tax liability on larger lifetime gifts by surviving for seven years. 

We create a strategic plan that makes the most of these reliefs, ensuring your estate is distributed as tax-efficiently as possible. 

Property and business assets can make inheritance tax planning more complex, but with the right strategy, tax exposure can be minimised. We provide: 

• Advice for landlords and property owners on structuring property portfolios to reduce inheritance tax. 

• Guidance for business owners on succession planning, including using Business Property Relief (BPR) to reduce tax burdens. 

• Strategies to pass family businesses tax-efficiently, so they remain in the hands of the next generation. 

At Anthony Gold Solicitors, we don’t just advise—we create action plans that help you take control of your tax position before it’s too late. 

Our solicitors specialise in inheritance tax planning, combining legal knowledge with financial insight. With years of experience advising individuals, families, and business owners, we understand the complexities of tax law and how to structure estates for maximum benefit. Clients trust us to provide practical solutions that minimise tax while keeping their long-term interests at heart. 

Every estate is different, and tax planning is not a one-size-fits-all process. We take the time to understand your financial situation, family structure, and long-term goals before crafting a strategy that aligns with your needs. Whether you require a simple tax-efficient will or a complex trust arrangement, our team ensures your plan is tailored to you. 

Inheritance tax planning often involves multiple legal and financial considerations. We provide a seamless service that covers all aspects of estate planning, including will drafting, trust creation, and property or business structuring. Our integrated approach eliminates the need for multiple advisers, ensuring clarity and consistency in your tax planning strategy. 

Taking action early is key to reducing inheritance tax. Many tax-saving strategies require time to be fully effective, such as lifetime gifting and trust planning. We help clients anticipate future tax implications and implement proactive measures that protect their wealth before tax liabilities arise. By planning ahead, you gain greater control over how your estate is managed and distributed. 

Tax laws can be complicated, but our approach is always straightforward. We explain your options in clear terms, ensuring you fully understand your choices and how they impact your estate. Whether you need a simple will review or an advanced tax-saving structure, we provide guidance that is both accessible and effective. 

Our focus is on minimising tax, protecting assets, and ensuring your wealth benefits the people you care about most. With Anthony Gold Solicitors, you receive expert advice that simplifies the process while delivering real financial advantages.