The services we offer

Inheritance Tax Planning

The loss of inherited wealth as it passes down the generations is significant, but it can be addressed. There is a growing demand from families seeking to ensure an orderly and efficient transfer of assets to the next generation.

The principle causes are lack of preparation, education and engagement and Banks Sheridan can assist that these issues are addressed. Our aim is to protect and preserve your family wealth by balancing your desire to maintain your standard of living, whilst providing for future generations in the most tax-efficient manner by:

  • Quantifying your current exposure to IHT
  • Advising on the optimum use of available tax reliefs
  • Providing guidance on IHT mitigation strategies including Family Investment Companies and Family Trusts
  • Considering the interaction of IHT with other taxes
  • Working with your solicitor to ensure that your Wills adequately give effect to your wishes