This can be one of the easiest ways to save yourself some inheritance tax, and potentially avoid paying any at all – provided you seek the right advice and make proper arrangements.
Caroline is an Associate Solicitor in our Private Client department having joined Giles Wilson in 2019. She has been a full member of The Society of Trust and Estate Practitioners (STEP) since 2021.
Caroline is an experienced Private Client lawyer and deals with a varied workload including Will Preparation, Probate and Trust matters. Caroline advises on complex probate and intestacy matters including those requiring detailed inheritance tax calculations, and tax mitigation advice. Caroline’s meticulous approach combined with her personable nature ensures her clients get the legal advice, and support they require in difficult personal circumstances.
Latest insights from Caroline
Facing serious illness, and a potentially shortened life expectancy, can bring your priorities into focus. For many, providing for loved ones is high on that priority list, as is mitigating the amount of inheritance tax payable when passing on your assets to those you care about. But, without the luxury of time, tax planning opportunities are more limited.