As a way to potentially reduce your total IHT bill and subject to taking detailed legal advice, consider gifting 10% of your assets to registered charities to avail yourself of the benefit of a 36% IHT charge in lieu of the standard 40% rate.
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If you require any specific advice or assistance about Wills and Inheritance tax planning, please contact Muscatt Black Graf by telephone on 0207 586 1141 or by email to firstname.lastname@example.org, or fill in our online contact form.
This blog was prepared on 14 January 2020. It is not intended to be advice and should not be relied upon as such.