In the event of the loss of a family member or friend, the administration and winding up of their estate needs to be dealt with in an understanding and sensitive manner. This can be a lengthy and involved process and sympathetic and professional assistance is essential, this is where Braund and Fedrick can help.
Our specialist team keep up to date with any changes in the Inheritance Tax rules to ensure that all possible deductions and reliefs are claimed to mitigate any tax that may be payable.
We will take care of all dealings with the Inland Revenue, including negotiations over valuations and Inheritance Tax liabilities. The Income Tax position in the estate will need to be finalised and we will also consider any Capital Gains Tax issues that may arise during the administration of the estate.
In the unfortunate event, there is a dispute over an estate, we can advise on all aspects, including making or defending a claim. We work closely with our Litigation Department in connection with such cases.
We can also advise on Tax Planning and the use of Deeds of Variation.