Inheritance Tax Planning
If you have an IHT tax liability and would like to address this, we have a number of solutions that can help you minimise and pay your Inheritance Tax.
Helping you make better decisions when it comes to IHT
Pass on your wealth to the next generation without the burden of Inheritance Tax.
Investments can become tax-exempt just 2 years after initial investment and be a useful Estate Planning strategy.
Business Relief (BR) products invest in a variety of non-listed or AIM listed businesses. Managers of BR products typically prioritise investing in companies with established, secure income streams. An investment in a BR qualifying business can be an effective way of giving your inheritance the opportunity to grow for those who will benefit from it. Many BR investments provide access to sustainable sectors, such as renewable energy generation or forestry, which means clients can choose to leave a financial legacy for future generations whilst their investment creates a positive impact during their lifetime.
BR investments can also help the elderly or people in poor health who have not made any provision for Inheritance Tax planning and may otherwise feel they have left it too late.
Protect your legacy
We’ll help you to invest in a non-listed or AIM-listed business with an established, secure income stream, and you’ll keep ownership and control over your assets.
Choosing the right path
With rising house prices, an increasing number of people are faced with an IHT liability. This is even after an increase to £175,000 in the main residence nil-rate band, which is used alongside each individual’s nil-rate band which is currently fixed until April 2030. If you are concerned about IHT then please get in touch.
The benefits of using an Independent Financial Adviser (IFA) are many fold, including:
Helping you plan for the future and set life goals (i.e. at what age do I want to retire?)
Help you reducing tax and make sure you are aware and using all of your tax-free pension and saving allowances
Growing the value of your pensions or investments by recommending a diversified portfolio of funds, and reviewing these regularly.
Providing a sounding-board to help you make better decisions with your money.
IFA’s offer independent advice on a range of financial matters including your:
Savings and Investments – including but not limited to cash deposits, ISAs and Investment Bonds
Pensions – building your retirement fund, options when taking it and advising on pension transfers
Protection – ensuring any income protection, life or critical illness cover offers you comprehensive cover, at the best cost, from the whole of the market.
More complex areas - like estate and tax planning.
What can I expect if I see a financial adviser?
Initially, an adviser will discuss your current circumstances, your lifestyle and financial goals and your budget – this is sometimes known as a ‘fact-find’.
They will then undertake extensive research of the whole of the market (they are not limited to a small number of providers) and present you with a written report,
bespoke to you, explaining the reasons behind the advice.
Once you have understood and asked any question you may have they will help put your plan into action, helping set up your plans with
the Providers and invest your money into the correct funds.