Inheritance Tax Solicitors

Our clients are typically people who have worked hard for their money and don’t want the state to be their principal beneficiary. Myerson has been recognised as a Top 200 UK Law Firm.

Our Inheritance Tax Planning Service

Our Inheritance Tax lawyers will consider your whole situation, family as well as financial, taking into account the capital gains tax and income tax implications as well as inheritance tax. We never lose sight of your need to make sure that you yourself have enough to live on and we will give you clear and sensible advice about tax planning opportunities.

Our Inheritance Tax solicitors appreciate that tax planning can be complex and that it can be difficult to take in all the implications in one go. We have plain English guidance notes and are happy to talk matters through with you more than once.

Your dedicated Inheritance Tax lawyer will review your current family and financial circumstances in conjunction with your goals and look at inheritance tax planning opportunities during your lifetime to include gifting either to individuals or into trusts and on death through your Will.

We are aware of other planning by using financial products and can give you impartial advice about the impact of the different products. We cannot advise on the individual products as we are not authorised to do so but we can put you in touch with suitably qualified third parties to assist you.

Our Inheritance Tax solicitors can assist you with utilising the various Inheritance Tax exemptions and direct benefits such as pensions or life policies outside of your estate for Inheritance Tax purposes whilst retaining control of the asset and allowing your family to benefit in the most tax efficient manner.

Our Inheritance Tax Planning Service

For tax planning on death, we can advise how to make the most of your exemptions, including

Agricultural Property Relief
Business Property Relief
The Inheritance Tax threshold, for unmarried couples
The Residence Nil Rate Band, especially where the estate is near £2 million or you intend to leave part of it to beneficiaries who are not your spouse or direct descendants
The Transferable Inheritance Tax threshold, where one or both party(ies) to the marriage has been widowed previously

We can also advise on the use of trusts both to reduce Inheritance Tax down the generations, and to make sure your assets stay within the family.

Contact Our Wills, Trusts, and Probate Solicitors

Our Approach to Inheritance Tax Planning

We specialise in bespoke estate planning advice and provide a personalised service based on your circumstances and needs.

If you have trusted accountants or financial advisers, we will work in conjunction with them to ensure that your planning is cohesive.

Our team of Solicitors have the additional The Society of Trust and Estate Practitioners (STEP) accreditation.

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Why Choose Myerson's Wills, Trusts, and Probate Team?

Recognised Expertise: Myerson’s Private Wealth sector proudly holds a Band 2 ranking in the Chambers and Partners High Net Worth Guide, alongside being consistently recognised as a Top Tier law firm by The Legal 500 for the past seven years. As one of the Top 200 UK law firms, Myerson provides exceptional Wills, Trusts, and Probate legal expertise.

Qualified Professionals: Our team holds additional qualifications in trust administration and tax regimes for trusts, along with the prestigious STEP (Society of Trust and Estate Practitioners) qualification. We have extensive experience setting up and managing live trusts, ensuring we understand the practicalities of trust operation and drafting.

Comprehensive Support: We provide tailored advice that respects each client's unique circumstances and understands the emotional weight of estate matters. Our solicitors handle sensitive situations with care, offering support throughout the process.

Holistic Approach: Our holistic strategy allows us to identify tax-saving opportunities and mitigate unexpected liabilities. We ensure clients comprehend the purpose and functioning of trusts, providing city-quality advice at regional prices.

Partner-Led Service: Our partner-led approach guarantees the best legal advice and commercially minded support. We collaborate with family and property law teams, delivering a comprehensive service that addresses all aspects of estate management.

Specialist Expertise: Our highly ranked team in The Legal 500 and Chambers for personal tax, trusts, and probate works closely with our contested wills solicitors to provide expert advice tailored to your needs.

Recognised Leaders: Bik-ki Wong, Head of our Private Client team, has been recognised as one of the top influential private wealth lawyers in Manchester (2023) by Business Today and as one of the best probate and wills lawyers for high-net-worth individuals in the UK (2023) by Spear's.

Extensive Network: Through our UK200 Group membership, we have strong connections to Independent Financial Advisers (IFAs) and tax advisers, offering comprehensive support tailored to your specific requirements.

Catering to Diverse Needs: Our team includes fluent Cantonese speakers, ensuring effective communication and understanding in managing estates.

Look at the Myerson Promise for further benefits of working with us here.

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Estate and Inheritance Tax Planning - Advice and Help

Testimonials

Meet Our Wills, Trusts, and Probate Lawyers

Home-grown or recruited from national, regional or City firms. Our wills, trusts, and probate lawyers are experts in their fields and respected by their peers.

Bik-ki Wong

Bik-ki is a Partner and is Head of our Wills, Trusts, and Probate Team

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Clara Staunton

Clara is a Partner in our Wills, Trusts, and Probate Team

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Laura Willis

Laura is a Senior Associate in our Wills, Trusts, and Probate Team

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Simon Cieluch

Simon is a Senior Associate in our Wills, Trusts, and Probate Team

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