When you have spent decades tirelessly working to earn your personal wealth, naturally you will wish to leave it after your death to those who matter most – your family. However, Inheritance Tax laws are complex, particularly if you have overseas assets or own a business, and regulations are constantly changing. Whilst it’s important to have a plan in place for how your wealth will be shared out, it’s essential that it is kept up-to-date.

At Arnold Hill & Co, our Inheritance Tax and probate specialists can help to reshape your finances so that your loved ones can enjoy the greatest prosperity from your property and assets. We combine bespoke Inheritance Tax planning and professional legal advice from trusted partners to ensure you can pass your wealth to your chosen beneficiaries, and not the taxman.

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Inheritance Tax Review And Planning

With over a century of expertise in the field of Inheritance Tax planning and probate, our experts are in the best position to help you to make the most of the available tax reliefs and exemptions.

However complex your personal circumstances, we can provide astute advice that is up-to-date with current tax laws, giving you confidence that your finances are organised with the needs of your family at the heart.

Inheritance tax planning can be completed at any stage of your life so, the sooner you contact Arnold Hill & Co, the better. We will guide you through some simple tax planning steps, ensuring, for example, that you take full advantage of your annual exemption to minimise the exposure of your assets to tax should the worst-case scenario occur.

Our Inheritance Tax reviews will consider in detail:

• The value, type, and location of assets held
• The client’s future intentions for their assets
• Available opportunities such as relevant reliefs and exemptions
• Potential pitfalls to be avoided, to minimise tax liabilities

A Partnership Approach To Planning Your Future

We can work closely with your solicitor and financial advisors to deliver a complete Inheritance Tax planning package, including Wills and Powers of Attorney.

For non-UK domiciled clients, we can liaise with your offshore trustees, directors, and administrators to advise about the tax efficient structures in which UK assets may be held, and the disciplines involved in operating these effectively.

Probate

When a loved one dies, it’s naturally a difficult time for their family to come to terms with. The responsibility for administering their estate is not only complex, but emotionally draining too. Professional probate services can help to ease the burden considerably, particularly if provided by a personal accountant who has an intimate knowledge of the deceased’s financial affairs.

At Arnold Hill & Co, our probate specialists understand the emotional turmoil a death creates. Therefore, we deliver a service that is tailored to the needs and wishes of our clients, undertaking as much or as little of the work as they desire, with competitive prices that help to ease the stress of the situation.

Professional Probate Services That Keep You Informed

Our services cover all aspects of obtaining probate, including tax, property, and estate administration. Throughout the process, we will keep the family fully informed and there will always be someone available to discuss the case should they have any queries or concerns.

Our probate services include:

• Acting as an executor, usually with one or more family members or other nominated professional
• Preparation of Inheritance Tax forms supporting the application for Probate
• Providing valuations for assets subject to business property relief and negotiating with HMRC on all relevant matters
• Consideration of claims for various forms of Inheritance Tax reliefs, such as business property relief, instalment option, and changes in value after death
• Considering whether a deed of variation might be appropriate
• Preparation and submission of relevant papers for the Probate application
• Preparation of estate income tax returns
• Drawing up estate accounts and arranging for distribution of specific and residuary legacies

Find Out More

If you would like to find out more about entrusting your Probate arrangements to Arnold Hill & Co, thereby saving your loved ones the anxiety and distress of administering your estate, please get in touch on 020 7306 9100 or send us a message today. 

Do you need a team of specialists to focus on your exact needs? Arnold Hill is a team dedicated to getting things right.

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