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Where Taxpayers and Advisers Meet

Cost of IHT tax advice

tiengodue
Posts:27
Joined:Sat Sep 05, 2020 10:01 am
Cost of IHT tax advice

Postby tiengodue » Wed Dec 02, 2020 12:00 pm

Hello,

I am obtaining quotes for professional tax advice on IHT mitigation.
Estate is worth around 550k and once of the questions I have for the advisor is to look at the domicile
of the estate owners. The estate has a mirror will in place and two children>

I am being quoted figures higher than 1k for written advice, do you think this is reasonable?

Regards,

Tara

bd6759
Posts:3449
Joined:Sat Feb 01, 2014 3:26 pm

Re: Cost of IHT tax advice

Postby bd6759 » Wed Dec 02, 2020 11:07 pm

Very reasonable. You are looking for bespoke advice upon which you will be entitled to rely.

On the other hand, a joint estate worth £550K probably wont have any liability so why are you bothering?


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