Leaving it

Of course, you want to look after your loved ones after you’re gone, and make sure everyone is provided for in the right way. We’ll help you think through your financial plans.

Inheritance Tax (IHT)

IHT can significantly impact the amount of money you leave to your loved ones. Assets over your Nil Rate Band will be taxed at 40%, which can deplete the funds available to distribute.

We can help you structure your estate to leave as much as possible to the people you care about. We’ll guide you through strategies such as:

• Gifting
• Trusts
• Business relief
• Insurance protection
• Tax efficient investment planning

Long-term care

Most of us will need some day-to-day help as we get older. We’ll discuss your plans for long term care and talk about the ways in which you can cover the costs.

Wills and Power of Attorney

You can make sure your assets go to the right people with a well-drafted Will. We can guide you in the most tax efficient way to deal with your estate. We can’t draft the Will for you, but we can refer you to a trusted solicitor.

You might also consider creating a Power of Attorney to allow somebody else to make decisions for you. It’s useful to have in place if you’re in hospital and you need to pay your bills, or liaise with the bank. Or if your health deteriorates, having a trusted friend or family member to deal with your affairs can ease the administrative burden of accessing funds and paying for care.

Advice on Inheritance Tax Planning, Trusts and Wills is not regulated by the Financial Conduct Authority

By thinking about your estate now, you’ll be able to leave a legacy for your loved ones.

Decide where your assets go

Provide for your family and loved ones in exactly the way you want. Your assets will be distributed according to your wishes in your Will.

The tax treatment is dependent on individual circumstances and may be subject to change in future.