The Guardian’s Post

Most HNW individuals who object to inheritance tax are not - in our experience - motivated by a desire to pass all of their wealth on to their children. We find HNW families to be incredibly sensitive to the subject of wealth transfer, and desire the autonomy to put their own plans in place - rather then being subject to government intervention in the form of IHT. The Financial Times’ Big Read this week is good, but there is a more nuanced story to be told. #ConnectingWealthWithPurpose Six Degrees #WealthTransfer

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/gVvDnjrg

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/gfiBikUX

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/gJjqVkJd

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/gmkxiDiu

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/e6r8Qw9p

LPTs aren’t just for the very wealthy. They’re equally useful for anyone likely to have a medium-sized estate too. Placing your money in an LPT will help guarantee the financial wellbeing of not just one generation, but several. An LPT gives your trustees more control over how and when the money is distributed, and to whom, so it can have other side benefits that can help solve other issues too. For example, if you have children from a previous relationship or marriage, you may worry about what happens to your wealth if one of your beneficiaries splits up from their partner. Or you might have some concerns about someone’s ability to manage their finances. Together with your ‘expression of wishes’ letter, an LPT can help prevent money ‘drifting’ into other families, or not being spent as you’d hoped. We will be happy to help you through the setting up process or explain it in more detail. As a form of discretionary trust, an LTP may be subject to certain tax charges – but these can often be offset by the benefits. We can also advise you if the trust becomes unnecessary – for example, when you have retired and death-in-service benefits are no longer relevant, or if your tax position changes. If you’d like more information on planning inheritance tax, or if you want to see how a St. James’s Place LPT can save your family tax just get in touch. #inheritancetaxplanning #inheritancetax #trustfundsuk #truitywealthmanagement #familyfinancialplanning #financialplanner

Inheritance tax can place a huge financial burden on your loved ones. Take steps to reduce that burden so more of your wealth can be enjoyed for generations to come: https://lnkd.in/dtWSd2Ae

With IHT a constant 'top of the agenda' item for many of our clients, here we explore how you could potentially reduce the amount of inheritance tax you pay and how to protect your financial legacy for your chosen beneficiaries: read.rbcwm.com/3ZmxCd9

💰🧾 Do inheritance taxes truly widen wealth gaps, or are they merely a popular punching bag for anti-capitalists? 📝 David Zhan explores their impact and proposes alternative strategies to address wealth inequality. Dive into it here👇