What an IHT specialist does
An inheritance tax specialist analyses your entire estate, including property, investments, pensions, business interests and gifts, to calculate your potential liability and design a plan to reduce it lawfully. Unlike general advisers, a specialist focuses on HMRC rules, reliefs and exemptions every day, and understands how Wills, trusts, gifting and insurance interact to achieve the best overall outcome for your family. They also understand the practical side, such as how executors claim reliefs, which records HMRC expects and how to avoid common pitfalls like gifts with reservation of benefit or unnoticed pre-owned asset tax charges.