Estate planning

Estate planning should not be left until your deathbed unless there is no other choice! Much can be achieved if you plan ahead.

The key is to organise your affairs and those of your extended family so that:

• you preserve the value of your capital (‘estate’) during life and on death
• the capital and individual assets flow from one generation to the next
• as little tax as possible has to be paid

We will discuss with you the various IHT exemptionsk, reliefs and steps that you could take to help you reduce your IHT liability.

This might involve no more than updating your will or making use of:

• gifts within available exemptions
• potentially exempt transfers (PETs) i.e. non exempt gifts that become exempt after 7 years

Investment based IHT planning including loan trusts, discounted gifts schemes and AIM portfolios might also be relevant.

Hart Brown’s independent financial advisers can advise you on all aspects of estate planning and will help you find the best strategy for you. Our advisers work closely with specialist lawyers who can advise on family trust arrangements and any other legal issues. We can offer you a one stop shop for all your planning needs.

To speak to someone who can help with estate and financial planning call, email or request a call back from one of our specialist advisers.