Estate tax
When you lose a close relative, there are many practical and legal matters to consider – including tax obligations. The tax return for the deceased must still be filed for the last income year, and a decision must be made as to whether the estate should be divided or remain undivided. This has a major impact on tax matters and can affect both any inheritance tax and the time of tax payment. Therefore, it should be carefully considered.
If the estate is divided, the tax liability will depend on the deceased's assets and net worth at the time of death. If the estate is taxable, an estate tax return must be prepared, as well as an opening balance sheet and estate inventory, where a thorough approach can make a big difference to the total tax payment and inheritance tax.
We know that this process can feel both complex and overwhelming, and we are ready to help you safely through it. With our experience in estate tax, we ensure that everything is handled correctly, so you don't have to worry about the tax aspects.
We are ready to assist you
We look forward to hearing from you.
