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  • Overview

    Esther acts for the executors of the deceased who owned and ran two businesses as a sole trader, two businesses in partnership and had shareholdings in four limited companies. The deceased’s estate is valued at approximately £7 million.  

    Along with normal estate assets such as bank accounts and his home, Esther has worked with the deceased’s accountant, executors and property valuers to provide to HMRC a value of the business interests and to consider to what extent the various businesses qualify for business relief.  This is important as this relief is hugely valuable to the estate and will potentially save the estate around £2,500,000 in Inheritance Tax.

    If Esther’s application is successful this will avoid the need for the executors to sell assets which are involved in the deceased’s business.  This matter has been complicated further as the deceased held assets in Spain as well as the UK. 

    Thomson, Snell and Passmore is experienced in dealing with the administration of high value and complicated estates.

  • Related Services

    Probate and Estate Administration

    A probate lawyer will give you clear guidance about the different levels of service on offer, the steps involved, the costs and probable timings.

Newsletter sign up

I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

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By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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Jargon Buster