Services

Inheritance Tax

Expert Inheritance Tax Planning – Protect Your Estate and Maximise Your Legacy
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Want to Protect Your Legacy with Inheritance Tax Planning?

What is Inheritance Tax (IHT)?
Inheritance Tax (IHT) is a tax levied on your estate—your property, money, and possessions—when you pass away. Typically charged at 40% on estates over the £325,000 threshold, IHT can significantly reduce the wealth passed on to your heirs if not managed properly.

Why Early Planning is Crucial
Delaying inheritance tax planning can result in higher taxes. Early action allows you to reduce your tax burden, protect your legacy, and ensure more wealth is passed on to your loved ones.

Inheritance Tax and Estate Planning Solutions

At Global Forum Consulting, we answer common questions such as How much can I pass on tax-free?, Should I put money in trust?, and How can I avoid a large IHT bill?. Our expert advisors help you understand your potential inheritance tax (IHT) liabilities and guide you through personalised, strategic estate planning to minimise your tax burden. We focus on maximising tax efficiency, ensuring more of your wealth is preserved for future generations.

We assess your tax exposure, structure your assets, and explore available exemptions, allowances, and reliefs. Whether you’re starting your estate planning or dealing with complex IHT issues, we provide the clarity and confidence you need to protect your legacy.

Tax & Accounting

What’s Included?
IHT Liability Calculation
Assessing your estate to determine potential IHT exposure based on current thresholds and applicable reliefs.
Asset and Gift Review
Evaluating assets, debts, and recent gifts to identify tax implications and opportunities for tax-efficient planning.
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 your estate’s value.
Trust Planning
Reviewing and advising on the use of trusts to manage asset distribution and potentially reduce IHT liabilities.
Life Insurance Strategies
Guiding the use of life insurance policies, particularly those held in trust, to provide liquidity for IHT liabilities.
Estate Structuring for Tax Efficiency
Advising on structuring your estate to maximise tax reliefs and minimise IHT exposure.
Coordination with Legal Advisors
Collaborating with solicitors on wills and trusts to ensure alignment with tax planning strategies.
Estate Administration
Providing support in closing accounts, transferring assets, paying debts, and finalising tax matters.
Probate Support and HMRC Reporting
Assisting with the probate process, including gathering information, preparing tax forms, and applying for the Grant of Probate.
Estate Accounts Preparation
Assisting in producing comprehensive estate accounts for transparency and compliance.

How It Works

Our Inheritance Tax and Estate Planning Services Work – 4 Simple Steps
Initial Consultation & Estate Assessment
We start by assessing your assets and goals to identify potential IHT exposure. By reviewing documents like property details and financial statements, we’ll pinpoint tax-saving opportunities and tailor a strategy specific to your needs.
Strategic Tax Planning & Solution Design
We’ll create a tax-efficient plan using strategies like lifetime gifting, trusts, and tax reliefs (e.g., BPR and nil-rate band) to minimise your IHT. You’ll work with us to review these options and decide the best fit for your estate.
Implementation & Legal Documentation
We handle the creation of wills, trusts, and asset transfers, ensuring everything is legally compliant and tax-efficient. You’ll collaborate with us to execute these documents and complete any necessary asset transfers as part of your plan.
Ongoing Support & Monitoring
We provide continuous support to keep your estate plan up-to-date, adjusting for tax law changes and ensuring HMRC compliance. You’ll stay in touch with us for regular reviews and adjustments as needed, ensuring long-term efficiency.

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

Your data is handled with utmost privacy and care.

End-to-End Support

Guidance from early planning through to probate

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