Tax and Estate Planning - Anna Davies Wills & Estate Planning

Tax and Estate Planning

Effective planning during your lifetime can significantly reduce the impact of inheritance tax on your estate. We work closely with clients to develop tax-efficient strategies to preserve wealth, maximise available reliefs, and allow for a structured, well-timed transfer of assets.

Family businesses and entrepreneurs

We understand that succession planning for entrepreneurs and family‑owned businesses goes beyond drafting legal documents. It requires a sensitive balance of tax efficiency and carefully considering both family dynamics and the needs of the business.

We have extensive experience advising founders, wealth creators, and multigenerational family businesses on how best to preserve both their enterprises and their legacy. Our goal is to help protect both the business and the family relationships that underpin it, allowing future generations to thrive.

For clients who own trading businesses Business Property Relief (BPR)) can offer valuable exemptions from inheritance tax. We can advise on these reliefs, and the best way to maximise them as part of an estate plan.

Clients with assets qualifying for BPR should review their Wills and estate planning in light of the changes taking effect from 6 April 2026, to ensure that relief is maximised and planning is put in place where the value of qualifying assets exceeds the proposed £1m threshold. Those wishing to undertake planning with BPR assets should take advice as soon as possible.