Passing On Your Estate After Your Death

Speak to an expert solicitor for free today on 01271 343457. 

Effective planning can help to ensure that as much of your estate as possible is passed on to your loved ones. It is important that you receive advice from an expert at as early a stage as possible.


How Can I Reduce My Inheritance Tax?

Inheritance Tax can be high, and the rates are continually subject to change. There are complex rules governing who has to pay the tax, when the tax has to be paid, and how it is calculated.

Most people want some certainty and peace of mind, and to minimise the amount of Inheritance Tax which has to be paid when they die, so that they can maximise what is left for loved ones and the causes they care about.

If you want to reduce your Inheritance Tax burden, there are various mechanisms which can be used, including setting to trusts where appropriate. Planning ahead can help you reduce significantly the Inheritance Tax burden on your death and we can help you with that.


How Can I Reduce Nursing and Care Home Fees?

Paying care home fees or nursing home fees can also be a huge worry, both for you and for your family and loved ones. With advances in medical care meaning that people live much longer lives than in previous decades, the time spent in care and nursing homes can be many years. This can be a very significant drain on your family finances and can drastically reduce what is left for your family after you die. 

Effective estate and tax planning can help you put mechanisms in place to protect assets from being used to pay for the cost of care home fees or nursing home fees. Expert help will be required to make sure that the steps you take will be effective and within the law. Every case is different, and the first step is to speak to a lawyer to find out what we can do to help. 


Can I Claim Agricultural Property Relief?

Agricultural property is subject to very specific rules concerning when it can be used to minimise your Inheritance Tax burden, and expert advice should be taken to ensure that you are able to take advantage of the maximum reliefs available to you and your family. 

Being based in Devon, we have a wealth of experience in assisting clients to properly plan for passing on their agricultural property. 


How Can I Ensure Financial Protection For My Family?

If you want financial protection for your children or other vulnerable people when you die, structuring your affairs in a certain way can be very effective. The law is continually changing, and so it is vital that you receive the most up to date and expert advice that is available. 

By putting your affairs in order you can reduce the burden on your loved ones in the event that the unexpected should happen.


How we can help

If you want to ensure that you are minimising your Inheritance Tax burden and protecting your loved ones financially after your death, we can help.

At Samuels Solicitors, based in Barnstaple, we offer a very individual, thorough tax and estate planning service. Our highly qualified staff have years of assistance in helping clients to leave as much as possible to their loved ones when they pass away.

Abbie Kingdon heads up our private client department, and is a member of the prestigious Society for Trust and Estate Practitioners, meaning that she has a higher level of qualification and expertise in this area than most solicitors. 

We can visit you at home, in hospital or in residential care, so that the process is as easy and stress free as possible for you.

Contact one of our specialist team for further information and free a no obligation discussion about the services we provide.

Latest Passing On Your Estate After Your Death News
  • When your will is being prepared, make sure you also get the relevant tax advice.
  • We will check your will for free to see if any changes are needed. Just call 01271 343457 to arrange.
  • Giving away cash can be an effective way of getting around the burden of Inheritance Tax but there are rules you need to be aware of.
  • The Law Society has revealed that 73 per cent of people aged between 16 and 54 year have no will. The Society warns that dying without a will can be devastating to loved ones and can increase the inheritance tax burden unnecessarily.