Inheritance tax planning and succession planning

Our approach

Our tax advisers’ and financial planners’ knowledge and expertise enables us to provide a holistic approach to your inheritance tax planning, recommending how best to minimise the impact of inheritance tax on your estate, whilst ensuring you are suitably provided for.

Our approach puts you at the heart, taking account of your objectives, family and business structures, in order to ensure your wealth and assets are passed on to the next generation in the way you want.

Whatever your circumstances and personal concerns, whether you have a larger estate which requires more complex planning or you are a business owner considering your future plans, you will receive a comprehensive, personal service, communicated in an easy to understand manner, with as much or as little detail as you like.

How can we help you?

To help mitigate or plan for inheritance tax, there are several options available, including trusts, investment structures, gifts, wills, life assurance, utilising reliefs and allowances. For most clients, a combination of these will be most appropriate.

Much of our inheritance tax planning includes flexibility to allow you to alter your plans. Circumstances often change as we get older and legislation is subject to review, meaning it is important we continually evaluate the plans.

Our financial planning team can also help you with:

Have you watched our Inheritance Tax webinar?

Join us for our webinar series, covering the key issues and answering important questions about IHT.

WATCH NOW

Inheritance Tax - the basics

What is IHT? How do I review my IHT position? Download our handy guide here.

Financial Planning IHT webinar series

Inheritance tax planning can be something that you find yourself putting off to a later date, but by taking the time to plan now, your inheritance tax exposure could be reduced whilst still enjoying the fruits of your labour. Join us for a three-part webinar series, covering the key issues and answering important questions about IHT.

Financial Planning

At Hazlewoods Financial Planning we provide independent financial advice and investment management services to both private and corporate clients. Our professional services also include planning for retirement, pension advice, inheritance tax and succession planning.

Planning For Retirement

A growing number of people are enjoying active lives well beyond retirement. If you wish to maintain your lifestyle after leaving work, it is vital to plan in advance to ensure that you make the necessary provision.

Featured news

Financial Planning update: Number of entrepeneurs selling their businesses increases 23% in one year

Tuesday 9 January 2024

The number of entrepreneurs under the age of 40 selling their businesses has increased by 23% in one year, rising from 4,719 in 2019/20 to 5,803 in 2020/21*, shows our new research.

Financial Planning update: The new full state pension and national insurance

Friday 30 June 2023

Having gaps in your national insurance record could affect the amount of state pension you get. If you are aged between 45-70 you now have until 5 April 2025 to fill in any gaps you might have in your record.

Financial Planning update: How to approach property and inheritance tax

Thursday 10 November 2022

Whilst property is typically the most valuable asset in an individual's estate, there are certain tax complexities tied to property which need to be carefully considered. This guide covers the main IHT implications of owning property.

Financial Planning update: Five ideas for crafting a great estate plan

Thursday 1 September 2022

There are numerous reasons why estate planning is an essential part of any financial plan. Leaving a legacy behind can be extremely fulfilling, especially if you have worked hard to build up your wealth. Efficient estate planning may also save on tax and ensure that more of your money goes to those you intended. Creating the perfect estate plan can take time and should not be rushed. Here are some tips to help you get started.

Financial Planning update: How a deed of variation can help with IHT

Tuesday 19 July 2022

Having a will is arguably the most important part of estate planning as it ensures that there is no misperception over how your estate should be dealt with and by whom. But what happens when someone dies and the beneficiaries do not agree with the directions in their will?

Financial Planning update: Can you shield your ISA from inheritance tax?

Wednesday 9 February 2022

Utilising your annual ISA allowance is one of the most tax-efficient and popular ways of investing. The result is that over the last 20 years many people have built up significant wealth within ISAs.

Financial Planning update: Saving on IHT through discretionary trusts

Thursday 27 January 2022

For the last ten years, the inheritance tax (IHT) nil rate band has remained static. During this time, markets, investments and property values have continued to rise, meaning that IHT is becoming more of an issue and affecting progressively more people.