The last thing on anyone’s mind, after the death of a close family member or friend, is the thought of what to do concerning their finances and where to turn in respect of administering the estate.
However, Lee Chadwick knows how very stressful this can be to all concerned, When considering the financial implications the sheer volume of complicated forms and the tax situation is enough to make anyone feel even more daunted.
But help is at hand.
Administering an estate is a complicated business and you should seek advice from professionals who will help you each step of the way. In many ways solicitors can help you minimise the extent of any tax payable against the estate.
For example, certain estates can now benefit from the transferable nil rate band tax allowance that can save the estate up to £124,800 in inheritance tax .
It may sound too good to be true but this allowance is now available automatically to many estates.
You should consider a more tailored approach when it comes to using the services of a solicitor. In some instances the full service we can provide might not be suitable for your particular circumstances.
You may just need help with the preparation of the IHT forms for submitting to Revenue and Customs (the new name for the inland revenue) or perhaps assistance with preparing the forms necessary for claiming the unused portion of the transferable nil rate band.
Lee Chadwick combines the traditional solicitor services with a local caring approach backed up by an efficient, timely and cost-effective service for you.
For more details, visit the website: www.lee-chadwick.co.uk
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