For future
generations
Estate planning is more than just reducing your inheritance tax liability; it is ensuring that you are able to live a full and enjoyable lifestyle, whilst also providing for your family and the generations beyond…
When you have worked hard to build a comfortable life for your family, the idea of passing a significant proportion of your wealth to HMRC is unlikely to appeal.
The purpose of an estate plan is to pass on your assets according to your wishes, while minimising the amount of tax payable. This means that you have more control over the process and more of your estate will go to your loved ones.
Of course, there are other factors to consider, as the most tax-efficient options are often the least flexible. Putting money out of your reach might save on tax, but it could also leave you short of funds in later life, particularly if you need to pay for care. We can help you to balance these priorities and create an estate plan that works for you.
The Financial Conduct Authority does not regulate Tax, Trusts, Estate and Cashflow Planning.
We recently finalised over three years of planning with a client that will significantly reduce his long-term inheritance tax liability.
Our starting point was the client’s cash flow analysis and meaningful discussions around what was important to him. The cash flow demonstrated, amongst a range of other planning areas, that he had an inheritance tax liability that was not only sizeable now, but likely to grow in the future. Our cash flow not only highlighted the issue but also allowed us to test the impact of a range of different strategies, making sure we never tipped the balance of impacting our client’s lifetime needs.
We were able to make a real impact not only to the long term inheritance tax liability but also the life of the client’s family.
People buy from people, and people like buying from people they like! Smith & Pinching have that special knack of employing very amiable people who are experts in their field and are a pleasure to deal with. After being a very happy customer for more than 30 years, I cannot recommend them highly enough.
Mike, Norfolk
Explore some of the main rules about inheritance tax and principles about how to prepare a tax-efficient estate.
Whether you’re looking for help with your pension, remortgaging or creating an investment plan for the future, we have advisers who can help you to find the best solution for you.
