Passing on wealth

By this stage, the questions you’re asking yourself about your money and your future have quietly changed. It’s less about what you need, and more about who you want to benefit from what you’ve built – children, grandchildren, maybe even causes close to your heart. The trouble is that without a plan, a larger share than necessary can end up going to the taxman instead of the places you prefer. The good news is that making the plan that prevents that from happening is exactly what we’re here to help with.

Keeping more in the family

When it comes to reducing an Inheritance Tax bill, there’s rarely a single solution. What usually helps instead is a combination of things, tailored to your unique circumstances. That might mean making use of annual gifting allowances, gifting from surplus income, or setting up a trust to pass on assets in a controlled way. Where appropriate, we can even look at whether a whole-of-life policy makes sense, to help cover any remaining tax bill so more of your estate reaches your family intact. Every step of the way, we’ll make sure your own financial security comes first.

Balancing generosity with your own security

Decisions about legacy carry real weight, and rushing them rarely leads anywhere good. We’ll take the time to understand what “enough” actually means for you, so you can be generous without ever leaving yourself short. If it helps, we’re happy to bring your family or your solicitor into the conversation too – whatever gives you the confidence that everything’s being handled properly, exactly as you’d want it to be.