Unfortunately with changes to the taxation laws unless you are properly prepared it is HM Revenue and Customs who will receive a substantial, and in some cases, the biggest share of your wealth when you die.

The good news is that at BolamRose we consider inheritance tax planning as a fundamental part of estate planning. The first step in this is to have an effective Last Will & Testament. Surprisingly few adults in UK have written a Will and yet without one the Exchequer could be your biggest beneficiary.

Trusts are an invaluable tool in fighting unnecessary taxation yet they are still viewed with mystery and uncertainty. BolamRose have many years experience in various Trusts and can advise on the most suitable arrangements to reduce or even sometimes avoid Inheritance Tax altogether. In this complex environment advice is essential. All too often families lose huge sums of capital. Instead with simple solutions in place, loss can be largely avoided. The right planning at the right time can make all the difference.

Will Writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business. Will Writing is not regulated by the Financial Services.