To reduce your exposure to inheritance tax, a little simple planning can enable you and your loved ones to enjoy the rewards of your success.

Ensure peace of mind and hassle-free tax when it comes to your money, by building trustworthy long-term relationships with our teams and receiving realistic and practical advice tailored to your needs. 

Understanding you

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, 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, which include:

  • 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, as our circumstances often change as we get older and legislation is subject to review, meaning it is important we continually evaluate the plans. 

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. 

Inheritance Tax: Top five misconceptions

Case study

Background: We act for a family with a family investment company, personal investments and property. The size of the estate meant that they did not qualify for certain allowances and the children faced a significant inheritance tax liability. The family wanted to minimise their exposure as far as possible, whilst ensuring the parents had sufficient income to maintain their standard of living.

How we helped: Our planning was implemented to ensure that the parents had enough income and the inheritance tax would be minimised when the time came. Our financial planning helped the family prepare for the future and secured their ability to claim further allowances, whilst retaining much of their capital in their name. We also ensured tax efficient wills were drafted, working closely with the family solicitor. 

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Nicholas Smail
Nicholas Smail
Partner
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Kyle Nethercott
Kyle Nethercott
Partner
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Nick Haines
Nick Haines
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Andy Hogarth
Andy Hogarth
Financial Planning Manager
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