Independent Financial Advice

Inheritance Tax Planning Services in Cumbria, the South Lake District and Furness Peninsula

Over £1 billion is paid in inheritance tax every year that might have been avoided. Many people assume that inheritance tax will not affect them, but the threshold is not very high if you own your own home, and, at 40 pence in the pound, it is a substantial burden to leave to your heirs. Over 40,000 estates were subject to inheritance tax in 2006.

Our highly-qualified inheritance tax consultants in South Cumbria and the Furness Peninsula have a wealth of experience in advising on these issues and we could help you cut inheritance tax liabilities for your heirs for the future.

Poole Townsend's legal and financial expertise can help to guide you through the complex area of inheritance tax planning. It is possible to minimise inheritance tax in a number of ways, depending on your personal circumstances: gifts, loans, life assurance and trusts are just some possibilities, along with making the best possible use of the exempt allowance. The situation is complex, however, so advance planning is essential and you need to obtain specialist advice from experts on inheritance tax laws.