Generational & Inheritance Tax Planning

It is an ambition of many people to leave their family an inheritance, whilst also reducing the potential Inheritance Tax liability of their estate.

We provide clients with advice and planning to pass wealth down the generations in a tax efficient manner, utilising, where appropriate, trusts and other tax planning strategies to meet these objectives.

With the number of families being subject to Inheritance Tax (IHT) and the amounts of IHT being paid to the Government increasing year on year, clients are increasingly wanting advice and planning on how to pass wealth onto their families and heirs.

We will typically consider and take account of potential IHT in our general financial planning service for clients.  For larger estates, bespoke planning is required in what can be a complex and constantly changing landscape.  As part of our IHT service we will offer advice in the use of Trusts and Will planning as these can be very effective in putting assets into the “right hands at the right time” whilst also helping to mitigate clients potential IHT liabilities.  However each individual estate has different objectives and requirements, requiring a bespoke approach to this complex area of Financial Planning.

The Financial Conduct Authority does not regulate taxation, trust advice and will writing