Supporting the next generation
Pass on your wealth so your loved ones enjoy the maximum benefit, while minimising inheritance tax.
Get in touch
Pass on your wealth so your loved ones enjoy the maximum benefit, while minimising inheritance tax.
Get in touchIntergenerational financial plans
Secure your financial security today, and leave them a brighter tomorrow.
Planning to pass on wealth (also called estate planning) allows you to enjoy life now while preparing your remaining wealth to leave it in the best possible shape for your loved ones. Your decisions, in conversation with your family, and our expert financial planners.
Supporting the next generation can take many forms. For younger children, we can set up tax-free savings and investments such as Junior ISAs and Junior pensions, which you pay into now and they gain access to when they are older.
We can advise on how gifting more broadly can minimise inheritance tax (IHT). We can also create IHT-friendly investment portfolios and trusts, and guide your chosen trustees.
All of your generosity rests on making sure you have enough to enjoy your life first. Using expert financial modelling, our financial planners can show you how much of your current wealth you need to live comfortably after retirement, so you never run out of money.
Enabling you to visualise your future. Which savings pot you should draw from first, to the tax advantages of bequeathing your pension. We can plan how to pass on what remains, showing you all the pros and cons.
Estate planning takes stock of your assets and readies them for the next generation, working to plan for and minimise any inheritance tax bill due on your death.
Financial planning can give you peace of mind that you have enough money to last your lifetime, and you know how much you can comfortably pass on.
Our financial planners take an overview of your assets. Then we’ll help you decide how best to use these to support you and your loved ones, now and in the future, in the most tax-efficient way.
Your careful planning now will save them from worry in the future. We’re on hand to help.
Inheritance tax can be 40%(i) on your estate in excess of the nil rate band, paid by your loved ones after your death. Clever financial planning can cut that bill.
Tax rules are complex. But we know how to navigate a clear path through, by making the most of gifts, trusts, family investment companies, and exemptions.
Why wait? Plan today.
(i) How Inheritance Tax works: thresholds, rules and allowances: Overview - GOV.UK (www.gov.uk)
Planning to pass on wealth can lead to difficult family conversations. Our financial planners can act as neutral advisers with professional advice on the most sensible course of action.
We encourage families to work together on a financial plan, and we provide sound guidance across generations.
Gifting today can help reduce IHT tomorrow. If you’re ready to help the next generation now, we can assist. From getting a grandchild on the property ladder to contributing to the cost of a wedding, our financial planners can help you pinpoint how much you can give while maintaining your standard of living.
Most Alternative Investment Market (AIM) stocks are exempt from inheritance tax once you've held them for more than two years. Our AIM investment service can create a portfolio so you retain full access and control, and leave your loved ones more.
Trusts and Family Investment Companies move assets – money, investments, land or buildings – out of your taxable estate and to your beneficiaries, when and how you wish. This can lower your loved ones’ IHT bill.
Taking out a life policy in trust, which pays out when you die, could cover the cost of inheritance tax. This means your beneficiaries will not be forced to sell property or other assets to pay IHT due.
Frequently-asked questions about passing on your wealth:
Want to know how to transfer assets to the next generation and build an IHT-efficient AIM portfolio?
Our Discretionary Fund Management Service may be suitable for you.
£325,000
IHT-free threshold (ii)
40% IHT rate
Tax due on your estate above the threshold (iii)
£7.2 billion
Amount IHT is forecast to raise in 2023/24 (vi)
We’re ready to listen. Get in touch and arrange a free consultation to find out if you could achieve your goals with financial planning.
The value of investments and any income from them can fall and you may get back less than you invested.
The value of investments and any income from them can fall and you may get back less than you invested.
