Frequently Asked Questions
Inheritance Tax is a tax on the estate of a deceased person. At Larcomes we can help you go through inheritance tax planning during your lifetime. If you are left dealing with someones estate, we can help you deal with any tax that needs to be paid.
Yes, there are various exemptions and reliefs. One of those is between spouses or civil partners. There are also expemptions if beneficiaries are charitable organisations. At Larcomes we can help you go through what exemptions may be available for your estate.
There are various straegies an individual can use to minimise their inhertiance tax liability. It comes frrom careful planning, taking sound legal advice in drafting the documents and there are various exemptions and reliefs that may be available to your estate.
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