Inheritance

Our work with inheritance issues falls into two different categories. Those who have received, or who are trustees for, an inheritance and are looking to manage the inheritance effectively and those who are wanting to manage their own assets in order to maximise their beneficiaries inheritance in the future. 

Quite often, the receiving of an inheritance is what first encourages an individual to seek financial advice. The reasons for this can be simply because the individual has not previously had assets of a size that they believe would warrant them seeking advice. Or possibly, when evaluating the many options available for managing the inheritance, the individual decides that they would benefit from the expertise of a professional who can plan, set up and manage a portfolio, effectively balancing the requirement for potential capital growth, income and risk elements to suit their individual circumstances. 

Some of our clients plan all or part of their portfolios with the objective of maximising the inheritance that will eventually pass on to their beneficiaries. This can be done by making gifts and/or placing some assets in a trust fund, depending on each individuals circumstances. Managing a portfolio in this way aims to reduce the amount of inheritance tax which may be payable whilst at the same time aiming to achieve effective capital growth.