Inheritance Planning

It is extremely important when you reach a certain age or a certain level of wealth to consider your options in terms of protecting your beneficiaries and your estate. People are often confused by inheritance tax, especially if your country of residence has no such thing as inheritance tax.

It is not down to your residence or even what passport you hold, instead down to where you are domiciled or in some cases where your father is/was domiciled. It is important that you get your IHT planning right, otherwise it could be a very expensive exercise that may still not stand up against any local government authority charged with collect IHT.

There are fortunately a number of tax planning tools that you can utilise such as:

  • Residential Property 'Tenancy in Common'
  • Annual Iht Tax Exemption
  • Donations to Charities and Political Parties
  • Gifts on Marriage
  • Life Assurance Policies in Trust
  • Life Time Gifts/Potential Exempt Transfers (Pets)
  • Second Death Whole of Life Assurance

Top 5 things to consider with Inheritance planning

1. Is your Will up-to-date, and does it reflect your wishes?
Major events in your life (marriage, divorce, kids, etc) may render some or all of your Will invalid. When these events occur it’s vital you contact your solicitor to update your Will to ensure it reflects your ‘current’ wishes. Even if there hasn’t been a major event in your life, it’s still recommended that you update your Will every 5 to 10 years.

3. Are you leaving any funds to charity?
Giving to charity establishes a legacy of good will in the event of your death. If you are planning to donate a portion of your Estate to charity, and want to minimise the tax payable, you will need to consider this in Inheritance Planning. There are many ways you can donate to charity including a one-time gift, investing the funds or by giving multiple gifts over time.

5. What about the assets not distributed through your Will?
When it comes to Inheritance Planning most people do not know that their Will does not cover all of their assets. For example, funds that are held in a superannuation fund, separate trust, jointly with another person or company may not be covered in your Will. These assets need to be dealt with separately and care should be taken to ensure this is done in a tax-effective manner.

2. Who will be the Legal Guardian for your dependent children?
If you have dependent children it is vital you appoint a Legal Guardian to look after them if you and your partner die. While considering finances for your child’s future is important, it’s even more critical to ensure they are protected by appointing a Legal Guardian.

4. Who is your Executor?
Appointing an Executor is one of the most important decisions you need to make when it comes to Inheritance Planning. The Executor is responsible for managing your Estate and distributing your assets in the event of your death. The Executor has a number of duties (Executor’s Duties) and responsibility placed on his or her shoulders, so be sure to choose the person carefully.

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The way in which you divide your Estate and manage your inheritance is very important if you want to secure your family’s financial future. Inheritance Planning is more than just having a valid Will in place, it’s a tailored plan that takes into consideration your assets, financial standing and personal risks.

It’s a plan that ensures your assets are structured effectively so that they can be passed on to your chosen beneficiaries, while at the same time eliminating some of the ‘red tape’ and minimising the tax payable to your Estate.


We believe that financial security is one of the most important factors when it comes to investment.


By analysing all portfolios top to bottom we provide an in depth account for maximum profitability


We know how important it is to provide for the future and we keep this at the heart of our philosophy

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Key Considerations

  • Initial risk assessment
  • Identifying your goals and aspirations
  • Growth, income and protection make top optimized portfolios
  • Most cost effective solutions all round

Our Added Value

  • Fully qualified advisers
  • Bespoke portfolio optimization system
  • Private banking fund platform
  • Non-market correlated funds

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