Capital gains tax saving for beneficiaries

We handled the administration of an estate which included a share in an unusual property.  As part of our work, we dealt with some difficult property-related issues, as well as problems arising from disagreements between the beneficiaries.  During this period, the value of the property increased to around £3million.  Mark Politz advised on ways in which the potential capital gains tax liability could be reduced.  He then implemented those recommendations, which involved varying the Will and using some exemptions and reliefs.  The result was a significant capital gains tax saving.