Estate Planning


Estate Planning

An existing client had recently sold their business. They were seeking advice on how to best invest their sale proceeds in a tax-efficient manner. As part of our holistic approach we explained that the sale had created a very significant rise in the amount of inheritance tax their estate would have to pay. 

We undertook a full review and with their permission, spoke to their accountant to propose the use of available HMRC reliefs. This enabled us to invest the capital raised into inheritance tax efficient products. The funds remained accessible and in our client’s full control, but were outside of the estate for inheritance tax purposes from day one the of investment, reserved for the benefit of their children.

As well as retaining access, our solution provided the possibility of long term investment growth and gave reassurance that the capital was there, if needed, in later life.

As a result of our estate planning advice, the potential inheritance tax saving to our client’s estate was significant, which could have run into several hundreds of thousands of pounds.