A key part of preserving family wealth from one generation to the next is robust estate planning. Whatever your personal circumstances mitigating Inheritance Tax has to be a key part of your financial plan.
Depending on your family circumstances, in some cases simple planning can reduce your exposure to Inheritance Tax therefore increasing the wealth available for the next generation.
For business owners there can be valuable reliefs available to help you plan for the future so that your business passes to the next generation in the way you want.
For clients with significant investment portfolios, we have developed some creative solutions that allow assets to passed to the next generation and therefore reduce the potential IHT that is payable.
How can we help you?
Our Tax team spend time with families to really understand their long term objectives and plans for major wealth planning. We offer you realistic and practical advice, working closely with lawyers and Wealth managers to provide solutions that are robust and maximise wealth creation for future generations.