Understanding Inheritance Tax Reliefs in Scotland
Navigating the complexities of Inheritance Tax (IHT) can be daunting, especially when trying to ensure your estate planning is as efficient as possible. Scotland offers several key IHT reliefs that can help reduce the tax burden on your estate, ensuring more of your wealth is passed on to your loved ones.
Understanding these reliefs is crucial for effective estate planning, as they offer significant opportunities to minimise your estate's tax exposure.
In the next of our Ask the Expert series, we’ll provide answer your questions on these reliefs, offering insights on how they work and how you can take advantage of them to protect your wealth for future generations.
Our next session will be held on 17 September 2024 by our local expert Edward Danks.
To book a time with Edward to ask a question about IHT relief contact us on:
📩 asktheexpert@parissteele.com.
Our dedicated expert will be happy to provide initial advice, signpost you to additional sources of support or provide a fee quote for more in-depth assistance.