Inheritance Tax Planning

We can help you to understand how much Inheritance Tax your estate is likely to pay after your death and look at ways to minimise your tax liability

The rules surrounding Inheritance Tax are extremely complex and there have been a number of changes in the law over the last few years. It is important to understand how the rules affect your estate. Even if your financial situation is relatively straightforward, inheriting property, moving into a care home or downsizing can all have an effect on the amount of Inheritance Tax you or your family may have to pay. It is important to fully understand and utilise the different exemptions and reliefs available.

How can we help?

We can talk you through the likely impact of Inheritance Tax upon your estate on your death and the Inheritance Tax implications of any lifetime gifting you may have already made or be planning to make. Advice in this area is essential to ensure that any available reliefs or exemptions are fully utilised and you do not pay more tax than is necessary.

Why choose Wallace Robinson & Morgan?

At Wallace Robinson & Morgan our experienced and friendly solicitors are here to help.

Legal expertise – We have experienced and knowledgeable solicitors who can provide clear and concise advice.
Tailored advice –All advice given will be specifically tailored to your own individual circumstances

FAQ's

Find answers to your questions about Inheritance Tax planning. Our FAQ’s help you understand your options and protect your estate effectively.

How much is Inheritance Tax?

It is usually charged at a flat rate of 40% over and above the value of the nil rate bands which are available to your estate depending on your circumstances. In some specific cases, Inheritance Tax can be charged at a lower rate.

Do I need to pay Inheritance Tax?

Whether Inheritance Tax is payable will depend on the assets in your estate, the value of those assets and what exemptions and reliefs are available to you. Where Inheritance Tax is payable on an estate, there is a deadline for making payment, after which interest and sometimes penalties will be charged by HMRC.

Will my estate have to pay Inheritance Tax on assets left to my spouse or civil partner?

Anything inherited by a spouse or civil partner is usually exempt from Inheritance Tax. Charities are also usually exempt.

Contact Us for Advice on Your Matter

0121 705 7571

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What to do next?

Book an appointment with our dedicated Wills and Probate solicitors. Our Solihull and Dorridge teams are here to provide expert advice tailored to your needs.

Call us at 0121 705 7571 for Solihull or 01564 779393 for Dorridge. Alternatively, fill out the contact form below—your privacy is assured—and we’ll arrange a convenient time to assist you.

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Liam Wdowiak

Head of Wills and Probate Department, Solihull

Liam is a Director specialising in estate administration, Wills, and Lasting Powers of Attorney. An accredited member of the Law Society's Wills and Inheritance Quality Scheme (WIQS), he joined the firm in 2017 and provides a friendly, professional service.

Ruth Nolan

Head of Wills and Probate Department, Dorridge

Ruth is a Director and an accredited member of the Law Society’s Wills and Inheritance Quality Scheme (WIQS), providing tailored Wills and Probate advice to clients.She is also an accredited member of the Association of Lifetime Lawyers (ALL), specialising in legal advice for older people, and a full member of the Society of Trusts and Estates Practitioners (STEP).

Gary Sawyer

Solicitor - Associate - Commercial Property Department and Wills & Probate Department

Gary has been with Wallace Robinson and Morgan since April 2019. He initially worked in the plot sales team before starting his training contract in the family department in January 2020. During his training, he gained experience in property, commercial, corporate, and probate matters and is now an Associate Solicitor.

Uzma Rasool

Solicitor - Wills and Probate Department

Uzma is a solicitor in the Wills and Probate Department. She joined Wallace Robinson & Morgan as a paralegal in 2022 and qualified as a solicitor in January 2024.

Shola Parry

Solicitor - Wills and Probate Department

Shola is a Solicitor in our Wills and Probate department. She joined WRM in 2020 and assisted in our Wills & Probate team as a Paralegal before completing her training contract and qualifying as a Solicitor in August 2025.

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