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Legal Glossary: Taper relief
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Taper relief: Taper relief is a tax relief which may be claimed on some lifetime gifts which are potentially liable to inheritance tax.
Our Solicitors can advise the best way to reduce your inheritance tax liability therefore maximising the amount that is received by the beneficiaries of your Will.
For more information or advice on Wills, Probate, Trusts, Powers of Attorney, Elderly Clients Affairs or the Administration of Estates contact:
Paul Finn Director
Email: FinnP@FinnLaw.co.uk
Tel: 01288 356 256
Philip Dart Head of Probate
Email: DartP@FinnLaw.co.uk
Tel: 01288 356 256
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Other definitions:
Taper relief
Tenancy
Tenancy in Common
Testate
Trust law
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