Protecting Your Estate and Planning for Future Generations
Professional Inheritance Tax planning and estate compliance services for individuals, families, business owners, property owners, executors and trustees.
We help you understand your potential exposure, review available reliefs and exemptions, plan lifetime transfers and meet the tax obligations arising during the administration of an estate.
Plan Early and Preserve More of Your Estate
Effective estate planning involves more than calculating the tax that may arise on death. It requires a careful review of your assets, family circumstances, business interests, lifetime intentions and succession objectives.
Helping You Make Informed Estate-Planning Decisions
Inheritance Tax can affect property, savings, investments, businesses, agricultural assets, trusts and certain overseas assets. The appropriate planning will depend on your individual circumstances.
At Odiri Tax Consultants & Accountants, we provide a structured review of your estate and explain the potential tax implications in clear terms. We then identify practical planning opportunities that are consistent with your financial needs and family objectives.
- Review of the composition and value of your estate
- Assessment of potential Inheritance Tax exposure
- Consideration of available exemptions and reliefs
- Planning for lifetime gifts and regular giving
- Review of business, property and overseas assets
- Coordination with legal and financial advisers
Comprehensive Estate Planning and Tax Compliance Support
We support clients before and after a death, providing professional advice on estate planning, tax compliance, succession and the administration of estates.
Estate Review
A detailed review of your property, investments, savings, business interests, liabilities and other assets to assess the potential Inheritance Tax position.
Lifetime Gift Planning
Advice on the tax implications of making gifts from income or capital while retaining sufficient resources for your own future needs.
Succession Planning
Structured planning for the transfer of family wealth, investment assets, property and business interests to future generations.
Business Property
Review of business interests and shareholdings, including the potential availability and conditions of relevant Inheritance Tax reliefs.
Agricultural Property
Advice for farmers, landowners and rural businesses on the Inheritance Tax treatment of agricultural and business assets.
Trust Tax Advice
Advice on the tax implications of establishing, administering or receiving benefits from trusts, including relevant reporting obligations.
International Estates
Specialist review where an individual has overseas assets, has lived outside the UK or may be affected by the long-term UK residence rules.
Inheritance Tax Accounts
Preparation of the relevant Inheritance Tax accounts, supporting schedules and calculations required for submission to HMRC.
Estate Tax Administration
Support with estate income, Capital Gains Tax, beneficiary reporting and other tax matters arising during the administration period.
Planning That Reflects Your Family and Financial Priorities
Inheritance Tax planning should not be approached as a single transaction. Decisions concerning gifts, trusts, businesses and property may have wider financial, legal and tax consequences.
Our role is to help you understand those consequences, identify appropriate options and work with your solicitor, financial adviser or other professional advisers where coordinated advice is required.
Contact Our Inheritance Tax TeamInheritance Tax Advice for Individuals, Families and Estates
We provide tailored support to private clients, business owners, executors, trustees and families with UK or international assets.
Individuals and Families
Forward-looking estate planning based on family and financial objectives.
Business Owners
Tax and succession planning for company shares and trading businesses.
Property Owners
Estate planning for residential, investment and commercial property.
Farmers and Landowners
Advice concerning agricultural land, rural businesses and succession.
Executors
Assistance with tax calculations, reporting and estate administration obligations.
Trustees
Support with trust taxation and relevant Inheritance Tax reporting requirements.
International Families
Advice where residence history or overseas assets affect the estate.
Professional Advisers
Technical tax support for solicitors, accountants and other professional firms.
A Clear and Structured Approach
We define the scope of work before commencing and provide clear explanations throughout the engagement.
Initial Discussion
We discuss your family circumstances, assets, concerns and estate-planning objectives.
Scope and Quotation
We confirm the work required and provide a transparent professional quotation.
Technical Review
We assess the estate, potential tax exposure and available planning considerations.
Advice and Implementation
We explain our recommendations and support the agreed tax-planning or compliance work.
Inheritance Tax and Estate Planning Questions
When should I start Inheritance Tax planning?
Estate planning is generally most effective when it is considered early and reviewed regularly. This provides more time to assess gifts, succession, ownership structures and your continuing financial requirements.
Can making lifetime gifts reduce Inheritance Tax?
Some lifetime gifts may reduce the taxable value of an estate, but the treatment depends on the type of gift, its timing, the recipient and whether the donor continues to benefit from the asset. Professional advice should be obtained before substantial gifts are made.
Are business and agricultural assets exempt?
Certain qualifying assets may benefit from specific reliefs. Eligibility and the amount of relief depend on detailed statutory conditions, the nature of the asset and the relevant rules at the time of the transfer or death.
Can you help executors prepare an Inheritance Tax account?
Yes. We can assist with the tax calculations, preparation of relevant HMRC forms, supporting schedules and the estate's income and Capital Gains Tax position.
How are overseas assets treated?
The treatment depends on the type and location of the asset, the date of the transfer or death, the individual's UK residence history, any trust structure and the possible application of double-taxation provisions.
Do you work with clients outside Peterborough?
Yes. We provide Inheritance Tax and estate-planning services to clients throughout the UK and to international families with UK tax considerations.
Will you work with my solicitor or financial adviser?
Yes. Estate planning frequently requires coordinated legal, tax and financial advice. With your authority, we can work alongside your existing professional advisers.
Start Planning the Future of Your Estate With Confidence
Contact Odiri Tax Consultants & Accountants for professional advice on Inheritance Tax, estate planning, lifetime gifts, business succession, trusts or estate tax compliance. We will review your requirements and provide a clear quotation for the work required.
