Inheritance tax exposure.

Knowing how UK property sits for IHT, whoever owns it and wherever they live.

What it is

Property and the estate.

UK property carries inheritance tax exposure that follows the asset, not only the owner. Held directly or, in many cases, through a structure, and whether the owner is UK-domiciled or not, residential property in the UK generally remains within the inheritance tax net. Assuming otherwise is a common and costly mistake.

We establish how a property sits for inheritance tax in your circumstances, and plan ownership and succession around that reality — so the exposure is understood and managed rather than discovered by an estate.

How we advise

Direct and indirect holding

Establishing the IHT position whether property is held directly or through a structure.

Domicile and property

Accounting for how domicile does, and does not, change the exposure.

Reliefs and planning

Applying what planning the rules allow for property in an estate.

Succession of the property

Arranging how a property passes, with the charge understood in advance.

Important information

The basis on which we advise.

This page is general in nature and does not constitute tax, legal or financial advice. Advice is given only under a formal engagement, on the basis of your specific circumstances.

ORA Black advises on the design, selection and coordination of structures; it does not act as trustee, foundation council member or administrator, and does not hold client assets. Fiduciary, formation and administration services are provided by appropriately licensed and regulated providers. Where regulated financial services are required, these are provided through ORA Black’s partnership with NEBA Private Clients.

Discuss your position in confidence.

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