Inheritance Tax Planning in Felton
Best Inheritance Tax Planning Felton: Protect Your Family Wealth
Felton, a peaceful rural village with growing property values, is home to many families building long-term wealth. But without a plan, inheritance tax can diminish your legacy. Our trusted inheritance tax planning in Felton helps reduce tax, protect your assets, and provide clarity for the future. MP Estate Planning delivers a secure, fully online service designed for today’s families.
Why Plan for Inheritance Tax in Felton?
Inheritance tax (IHT) is charged at 40% on estates worth over £325,000. With property values rising across Felton and North Somerset, many families could face avoidable IHT bills.
Benefits of Early Estate Planning
- Minimise Tax – Keep more of your estate in the family with allowances and trusts.
- Safeguard Property – Protect your family home and any farmland from future liabilities.
- Ease Administration – Avoid delays and confusion for your beneficiaries.
- Maintain Privacy – Structured planning keeps your affairs out of public view.
Our Simple 5-Step Online Process
- Free Consultation – Meet online to review your goals and estate.
- Detailed Asset Review – We assess property, pensions, and savings.
- Custom Strategy – Use tax allowances and trusts to protect your estate.
- Legal Setup – Wills, trusts, and LPAs handled digitally and securely.
- Lifetime Support – We update your plan as your life and the law changes.
Manage Everything Remotely
- Virtual Appointments – Consult from your home or farm office.
- Encrypted Access – Secure document review and signatures.
- Fast Delivery – Plans completed in as little as 7 days.
Inheritance Tax Rates
| Estate Value | Tax Rate |
|---|---|
| Up to £325,000 | 0% |
| £325,001–£2 million | 40% |
| Above £2 million | 40% on excess |
Learn more from GOV.UK: Inheritance Tax.
Popular Trust Structures for Felton Families
- Discretionary Trusts – Flexible protection for family assets.
- Bare Trusts – Gifting strategies for children or grandchildren.
- Interest in Possession Trusts – Income for a loved one while preserving capital.
Estate Planning Services We Offer
Transparent Pricing with No Surprises
See full pricing on our pricing page. Fixed fees, no hourly rates.
FAQs for Felton Residents
Can I protect farm property from inheritance tax?
In some cases, yes. Agricultural reliefs and trusts can help if structured correctly.
Is a will enough?
A will is essential but not sufficient to reduce tax. Trusts provide further benefits.
Can we do everything remotely?
Yes. From start to finish, we handle your estate planning fully online.
Start Your Inheritance Tax Plan Today
Book your free consultation online or call 0117 440 1555 to start planning in Felton.