After working hard their whole lives, our clients have finally retired. They are both in good health and want to continue to live comfortably, retaining access to their money as far as possible while they are still able to make use of it, and they are still keen to get a good level of return from it. However, they do not want to leave their children with a high Inheritance Tax Bill, and they are keen to pass on as much as they can to them.

They love holidays and are often away, so it is essential that things can be managed for them even when they’re not in the country.

We are working together on an ongoing planning exercise to address all of the above.

We have already significantly reduced their Inheritance Tax liability with minimal impact on their lifestyle, they still have access to significant amounts of capital. They make full use of our Discretionary Management capabilities, so we look after their portfolio for them within their chosen risk approach and make appropriate changes whether they are at home or away.

When they’re back, we regularly catch up to ensure everything is still on course, making other changes as their circumstances and needs require.

Most importantly, they are able to focus on enjoying their retirement rather than worrying about their finances.