Pre & Post Death Wealth Preservation
Independent Financial Advice encompasses the preservation as well as the creation of wealth. Wills & Trusts play a major role in helping our clients to preserve their wealth during and beyond their own lifetime.
With careful planning, Inheritance Tax (IHT) can be avoided without necessarily losing total control over your whole estate. On the contrary, there are a number of products and Trust arrangements that enable you to retain income and in some cases, access to capital.
Many people simply allow their estate to pass entirely to their children, boosting their estates and making them more liable to IHT. Discretionary Trusts can preserve the wealth, with an option for children to draw down the capital, but alternatively your children may want to pass some or all of the money to their children or grandchildren, thus by-passing their own estates.
Always take Independent Financial Advice