Executries and Trusts

In recent years the number of estates where Inheritance Tax is payable before distribution to the beneficiaries has increased alarmingly. With the dramatic rise in house prices, more and more executry estates are now liable for this tax (charged at 40% on the sum above £325,000 on affected estates). There are many ways in which Inheritance Tax can be reduced or even avoided altogether. We have an experienced team who can provide you with advice and guidance on the preparation of tax efficient wills, Deeds of Family Arrangement, setting up of Trusts, Tax Planning, and all sorts of related topics. Contact us to discuss how best to preserve your hard-earned assets for the benefit of your family.

It is a particularly difficult time when a loved one has died. We have a specialist Executry Department who deal with the administration of estates and effect a smooth transfer of estate whether or not the deceased left a will. We can provide a full Trust and Executry service and we provide a free storage facility for clients’ wills and title deeds.

There are so many reasons why everyone should have a valid will it is impossible to list them all here. Some of the main reasons may be:- making sure your estate passes to the beneficiaries you choose, tax planning, making it easier to deal with for those who survive and many more. The cost of preparing a valid will setting out your wishes for the distribution of your estate is often much less than you think. If you would like an informal meeting to discuss your requirements please contact either:
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Gregor Barclay     gb@solicitorsinverness.com   tel:  01463 253909  -  direct dial
Marion Forrest     mf@solicitorsinverness.com   tel:  01463 236123

to arrange a mutually convenient appointment.

If your enquiry is urgent and you have not received a prompt reply, please contact the individual through our reception to ensure your query is being dealt with, either through email@solicitorsinverness.com or telephoning (01463) 236123.