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Strategic value of trusts in estate planning

A well-structured trust can serve as a means to mitigate one’s Inheritance Tax liability

Then you decide to establish a trust, it allows you to dictate the conditions under which your assets, be they cash, property or investments, will be managed and distributed. A trustee is then appointed with the legal duty to oversee and manage these assets in the best interest of the beneficiaries.
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Business Relief

Solution to significantly reducing a potential future Inheritance Tax bill

If you have business owner status, or have shares of a business, this will be reflected in the value of your estate. Business Relief is a valuable Inheritance Tax relief for qualifying businesses, whether making a lifetime transfer or on death.
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Wealth accumulation

Valuable insights that can impact an investment strategy

With the ever-evolving landscape of investment, it’s not hard to see why it might appear daunting. The investment world is equivalent to a living, breathing entity constantly evolving and changing. It’s a landscape that never remains static, mirroring the dynamic nature of global economies and financial markets.
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What will your legacy look like?

Effective Inheritance Tax planning is a careful balancing act

Once a concern only for the very affluent, Inheritance Tax (IHT) is now an issue for many ordinary families, who may find themselves handing over an unprecedented portion of their estates to the taxman. This shift results from years of house price growth, inflation and stagnant tax thresholds. The Office for Budget Responsibility anticipates that IHT will bring in £7.2 billion in the fiscal year 2023/24[1].
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Pre-year-end tax planning

Tax-saving actions to take before the deadline

As we approach the end of the current tax year on 5 April 2024, it’s an opportune moment to examine both your personal and business finances to ensure they are structured to optimise your tax efficiency. Despite the ongoing freeze on many tax rates and thresholds, numerous strategies remain for organising your financial matters tax-efficiently.
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Harnessing the power of Green Pensions

One of our most potent tools in making substantial strides towards net zero

Over recent years, our comprehension of the climate crisis has significantly transformed. Countries and organisations are becoming increasingly ambitious with their net zero targets, while many individuals are making lifestyle alterations to reduce their household carbon emissions. However, some remain oblivious that pensions represent one of our most potent tools for making substantial strides towards net zero.
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