Wealth Preservation: Protecting your estate for future generations

INTRODUCTION

Nothing is certain but death and taxes.

During the next few weeks will consider a number of different strategies to help you protect and preserve your estate for you and your loved ones.

Benjamin Franklin once said that ‘nothing is certain but death and taxes’. This means that in the event that something happens, you and your loved ones can focus on the things that matter most, without worrying about financial complications that haven’t been planned for.

Providing for your loved ones after you die is obviously an important issue. Yet, poor planning could cost your beneficiaries hundreds of thousands of pounds in Inheritance Tax (IHT). Once considered a tax on the affluent, it is now affecting more estates. However, it is possible to significantly reduce the amount of IHT your beneficiaries may pay, or even pay none at all.

As we get older and we are more financially secure, it is only natural that we consider the future for our children and grandchildren. However, the situation is brought into sharper focus by the fact that a lack of planning may well reduce the amount that we are able to leave to our children and grandchildren.

We can offer up-to-date knowledge delivered by our experienced and knowledgeable team and can ensure that you receive the best professional financial advice for your particular circumstances. Any planning strategy should be developed in the context of this wider financial plan. To discuss how we could help you to protect and preserve your wealth, please contact us. We look forward to hearing from you.

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Investment advice will be provided by our sister company ad+ Financial. The value of your investments can go down as well as up and you may get back less than you invested. The Financial Conduct Authority does not regulate Tax Advice, Trusts, Cash ISAs and National Savings and Investments.

Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on the individual circumstances of the investor. Content of the articles featured is for general information and use only and is not intended to address an individual or company’s particular requirements or be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles.