Inheritance Tax

Expert Inheritance Tax Planning – Protect Your Legacy, Preserve Your Wealth

Protect Your Legacy with Inheritance Tax Planning

Understanding Inheritance Tax (IHT)

Inheritance Tax (IHT) is a tax on the value of your estate including property, money, and possessions when you pass away. With a standard rate of 40% on estates valued above the £325,000 threshold, IHT can significantly reduce what you leave behind if not planned for in advance.

Why Planning Early Matters

Proactive IHT planning helps you reduce potential liabilities, protect your legacy, and ensure more of your wealth passes to your loved ones, not to HMRC.

Expert Inheritance Tax & Estate Planning

At Global Forum Consulting, we guide you through key questions such as:

  • How much can I pass on tax-free?

  • Should I consider setting up a trust?

  • How can I reduce a large IHT bill?

Our specialists provide personalised inheritance tax planning to minimise your exposure and maximise what you preserve for future generations. We help you structure your assets, make use of exemptions and reliefs, and build a clear, compliant strategy—whether you’re just starting to plan or managing a more complex estate.

What’s Included?

IHT Liability Calculation

Assessing your estate to determine potential IHT exposure based on current thresholds and applicable reliefs.

Exemption Identification and Strategic Gifting

We identify exemptions like the annual gift allowance, charitable donations, and residence nil-rate band to reduce your taxable estate. We also advise on lifetime gifting, potentially exempt transfers, and Business Property Relief (BPR) to minimise estate value.

Life Insurance Strategies

Guiding the use of life insurance policies, particularly those held in trust, to provide liquidity for IHT liabilities.

Coordination with Legal Advisors

Collaborating with solicitors on wills and trusts to ensure alignment with tax planning strategies.

Probate Support and HMRC Reporting

Assisting with the probate process, including gathering information, preparing tax forms, and applying for the Grant of Probate.

Asset and Gift Review

Evaluating assets, debts, and recent gifts to identify tax implications and opportunities for tax-efficient planning.

Trust Planning

Reviewing and advising on the use of trusts to manage asset distribution and potentially reduce IHT liabilities.

Estate Structuring for Tax Efficiency

Advising on structuring your estate to maximise tax reliefs and minimise IHT exposure.

Estate Administration

Providing support in closing accounts, transferring assets, paying debts, and finalising tax matters.

Estate Accounts Preparation

Assisting in producing comprehensive estate accounts for transparency and compliance.

How Our Inheritance Tax & Estate Planning Service Works?

Your Inheritance Tax & Estate Planning Journey in 4 Simple Steps!

01.

Initial Consultation & Estate Review

We begin by understanding your assets, goals, and family circumstances to identify potential IHT exposure and create your personalised strategy.

02.

Personalised Tax Planning Strategy

We design bespoke solutions using appropriate reliefs, trusts, and gifting strategies to minimise your inheritance tax liability.

03.

Implementation & Legal Coordination

We create wills, trusts, and asset transfers, ensuring legal compliance and tax efficiency while collaborating with you.

04.

Ongoing Support & Optimisation

We provide continuous support with regular plan reviews, adapting to life changes and new tax legislation to keep your strategy current.

Find Your Pricing Plan

Get a Custom quote now and learn more

Other Services

Why Choose Global Forum Consulting?

Expert IHT Advisors

Specialists in both tax and estate planning for well-rounded support.

Trusted by Clients

Many rely on us as long-term advisors and chosen executors.

Tax Efficiency

Optimise your estate to reduce IHT through strategic planning and targeted reliefs.

Personalised Advice

We create strategies to reduce IHT based on your unique financial situation.

Proactive Approach

Proactive planning that adapts to life changes and evolving tax legislation.

End-to-End Guidance

Guidance from early planning through to probate.

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From the UK’s Most Trusted Consulting Firm