Inheritance tax is the tax that must be paid on a deceased’s estate when they die.
How much Inheritance Tax will I have to pay?
The amount of inheritance tax paid depends on what assets there are at the date of death and what gifts have been made during lifetime. Several rules and figures determine whether your estate will be liable for inheritance tax. For further legal advice around this please get in touch with our team of probate solicitors.
Who is responsible for dealing with the payment of Inheritance Tax?
The person responsible is the executor/administrator of your estate. It is essential that the necessary tax form is completed, and the right amount of tax is paid. Otherwise, if errors are made, this can lead to penalties and interest being charged.
Can I reduce my Inheritance Tax bill?
Suppose you think that your estate will be liable to inheritance tax on your death. In that case, you must seek professional advice to determine your options for reducing this bill and what reliefs are available.
For more information, please get in touch with our team of probate solicitors in Doncaster and Sheffield.
Get in touch with a member of our team today to discuss your requirements.
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Mr Fairclough
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Met with Clare to instruct on renewal of existing will and instigate an LPA for future use, if required! Clare is a lovely lady who gave up a lot of her valued time to go through events as needed. Nothing was too much trouble and she did not rush over issues. Draft copies were returned for authoristation prompt also. Peace of mind is now in place. Thank you Clare for your services.
Anonymous
Following an appointment with Clare Wyett over the production of new wills and Lasting Power of Attorney, I would just like to add that Clare was very knowledgeable and gave us an excellent service with professional advice and input where needed, along with keeping us fully informed along the way. I would strongly recommend their services to anyone requiring professional legal help.
Mr & Mrs Thrustle
Clare gave me all the information regarding the making of my will. I am very satisfied with the excellent service I received.
Anonymous
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Anonymous
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Mr Beresford
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Carl Chandler
6 months ago
"I have recently sold my property in Liverpool and Peter Caswell at Taylor Bracewell Solicitos acted on my behalf and he was outstanding. This was a very difficult sale due to the fact that the other party's solicitors was excessive in their demand and clearly ignorant but Peter was very patient during what ended up being a long drawn out process. Peter maintained professionalism..."
chinwe Russell
4 months ago
"Really informative and clear initial call - took the time to listen to my situation, understand what was needed and answer all my questions. One small mistake in the first draft of the Will (no-one’s perfect!) but quickly rectified. Peace of mind that everything is looked after if I die."
Nick Savage
5 months ago
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I will absolutely continue to use their servi..."
Ali Hammoud
8 months ago
"Absolutely brilliant. Richard supported me with a settlement agreement with my employer. From start to finish the staff were polite, made me feel comfortable and took the time to understand my needs - very fast turnaround and kept well informed at all stages. Would highly recommend Taylor Bracewell Solictors."
Carl Chandler
6 months ago
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Freda Lacey
3 years ago
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4 years ago
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Tim Cranswick
3 years ago
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