Benjamin Franklin said in 1789 “There are two certainties in life, death and taxes”. We would beg to differ.

In the UK  in  the 2017/18 tax year 22,600 estates were subject to Inheritance Tax (IHT) . In the 2018/19 tax year it is expected that IHT will raise £5.4billion. (source Office for Budget Responsibility)  

You have built up a sizeable estate which is likely to exceed the IHT Nil Rate Bands. You know you need to plan but naturally you fear losing control of the assets you have worked so hard to build.

Contrary to many misconceptions gifting money does not mean losing complete access to it.

With the right planning bespoke to your circumstances you can:

Make a capital investment which shelters investment growth from IHT immediately, provides a fixed regular income and becomes fully exempt after 7 years.

Make a capital investment of up to £325,000 which shelters investment growth from IHT immediately, offers the option of an annual withdrawal, 100% relief from IHT after 7 years. Repeat the exercise every 7 years

Make a capital investment which is returnable on demand, either in full or in tranches.  Investment growth fully protected from IHT immediately. This planning is particularly useful for younger people.

Invest the proceeds of a business sale into investments that are structured to retain valuable business property relief. 100% IHT relief available immediately for business owners. This option is available for non-business owners too but the relief will apply after 2 years.

“It’s not how much money you make but how much money you keep, how hard it works for you, and how many generations you keep it for”

Robert Kiyosaki