Strategies We May Recommend
Gifts of Capital
Provides a tax-free lump sum or regular income to your chosen beneficiaries in the event of your death. This can help repay a mortgage, replace lost income, or provide long-term financial support to your dependants.
Gifts of Surplus Income
Regular gifts made from surplus income (rather than capital) can be immediately exempt from Inheritance Tax, provided they are part of a consistent pattern and do not affect your standard of living. This is a highly effective but often overlooked strategy. We’ll help you assess eligibility, structure the gifts appropriately, and keep the necessary records to ensure the exemption is available to your estate.
Trust Planning
Trusts can be used to pass on assets while still retaining some control over how they’re used. They can help with IHT planning, asset protection, and intergenerational wealth transfer. We’ll help you understand when trusts are suitable and how they work in practice.
Life Insurance
A life insurance policy written in trust can be used to cover any expected IHT liability, providing a lump sum to your beneficiaries that is paid outside of your estate—reducing delays and preserving the value of your legacy.
IHT-Relievable Investments
Certain types of investment (e.g. AIM shares, or Business Relief-qualifying assets) may be exempt from IHT after two years. These can be a valuable planning tool for those with a higher risk tolerance. We’ll help you assess suitability and structure these investments appropriately.