Tax And Trust Planning

This is just part of the services we can provide. It makes sense to make your financial plans around the tax breaks available. We have no desire to recommend overly complex arrangements. We simply advise our clients on the tax advantages of structuring their investments in a particular way.

A shared worry between many clients is the possibility of part of their estate being lost subject to Inheritance Tax after their death. The recent ‘pensions freedoms’ have changed the way in which pensions are taxed on death which makes it a key consideration for certain plans. We offer straightforward planning that can ensure that Inheritance Tax this is reduced as far as possible but early planning is essential.

Trust planning can be daunting without help, but with help it is usually straightforward. For life cover we normally suggest all policies are placed in a simple trust. Usually, there is no extra cost for doing this and can allow for lump sums to be paid without having to wait for probate.

We also offer more complex planning to protect an individual’s estate from issues such as ‘sideways disinheritance’. Planning can help ensure that upon death, assets are safeguarded from ending up outside of the client’s family and/or their intended beneficiaries. Some of this planning we can do but often we will refer to our trusted panel of professionals that can assist for more complex requirements.

As part of our comprehensive approach we will bring to your attention other areas of potential financial need, such as updating Wills and ensuring that you have appropriate personal (and business) Powers of Attorney in place.

The Financial Conduct Authority does not regulate Tax advice, Wills, Trusts and estate planning.