Estate Planning

Nothing can be said to be certain except death and taxes – wrote Benjamin Franklin in 1789. Inheritance Tax combines the two threads, but with intelligent planning it may be possible to mitigate this tax liability in part, or altogether.

Legitimate use of prevailing legislation enables NLP Financial Management to offer advice and practical solutions to our clients to help them reduce their liability to this tax, where, if left unchecked, we often find that HMRC is set to be the largest single beneficiary of a client’s Estate.

Placing assets into Trust is one of many workable solutions, sometimes even enabling the Settlor to benefit from assets ‘given away’.

For many however, this perceived loss of control does not appeal and in such situations we have numerous other solutions in our armoury.  The key to successful Estate planning is to address the issue early in order to devise a strategy, often stretching over many years, which will assist in the preservation of your capital for those you hold dear.

Mistrust of one’s heirs, to quote Lord Jenkins, is no longer a bar to mitigating inheritance tax and at NLP Financial Management we can show you ways of cutting this bill, whilst still retaining full title and control over your assets.  To discuss how we can help you, contact one of our Consultants.

Please note that the Financial Conduct Authority does not regulate advice on tax or trust planning.