Inheritance tax planning.
Careful planning can minimise your liability.
Inheritance tax planning.
You have worked hard to build up significant assets that have often been taxed already.
These assets might include property in the UK or abroad, possessions such as fine art or antique furniture, as well as any savings and investments.
All of these assets are liable to Inheritance Tax and calculating how much your family might have to pay is not always easy. There are also various ways to reduce and even completely mitigate your Inheritance Tax liability.
However, these require everything to be lined up correctly and the correct strategies to be implemented.
The value of your investment can go down as well as up, you may not get back the full amount invested. When investing your capital is at risk.
At Foresight, we are experts in implementing effective Inheritance Tax planning to reduce your liability to this pernicious tax significantly – we also work in conjunction with other professionals to help minimise your liability through a variety of approaches.
Inheritance tax planning is integrated into all our financial plans. Our process, The Quantum Programme, ensures we understand you and your life-long goals, helping us to provide the best long-term advice and strategies to limit the amount of Inheritance Tax due.
Levels and bases of, and reliefs, from taxation are subject to change and their value depends on the individual circumstances of the investor. We recommend that the investor seeks professional advice on personal taxation matters.
When planning for Inheritance Tax there are a number of options available, including protection options. Our team will be able to recommend the best policies to have in place to suit your needs.
Your overall plan may include setting up Trusts, or implementing life cover to cover any Inheritance Tax liability. These policies will then be managed alongside your entire financial portfolio over time.
We can even use specialised investments to help minimise your Inheritance Tax bills.
Most of our clients work with us over a number of years because they want an integrated and consistent approach to their financial planning. Over time it is likely that your circumstances will change, but our bespoke Quantum Programme ensures our team gains a deeper understanding of you, so that we can make sure that your plans continue to meet your needs at your regular check-in meetings, known as The Calibration Audit.
The levels, bases and reliefs from taxation depend on the individual circumstances of the investor and may be subject to future change.
The Financial Conduct Authority does not regulate taxation & trust advice or Will writing.
What do the team think?...
The Quantum Programme gives me the opportunity to get to fully understand my clients' beliefs and desires, allowing me to understand what options will meet their needs over time.
James Allen, Wealth Strategist
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