Inheritance Tax

Look after your loved ones by making sure that your wealth passes to the people you want it to reach rather than being lost to inheritance tax.

It takes expert advice and careful financial planning to make sure that as much of your estate as possible passes to those you want to benefit after your death. Without it, the effects of inheritance tax could eat into your estate leaving rather less than you hoped for.

It’s true that inheritance tax is having an impact on more estates than used to be the case. Even those with modest wealth are finding that the effect can be significant, while those with large estates can be hit hard.

In this context, it’s essential to consider options that can help to mitigate inheritance tax’s effects, including:

  • Making sure your will is planned and written carefully*
  • Transferring assets during your lifetime as gifts
  • Establishing a tax-efficient fund to enable beneficiaries to meet their tax liabilities without impacting on the family’s wealth. Under existing inheritance tax legislation, pensions can play an important part in estate planning

We have access to leading law firms that are able to assist with a wide range of legal services. These include advising on inheritance tax, marriage-related taxation and wider tax planning.

The value of investments with St James’s Place is directly linked to fund performance, and these values can fall as well as rise. You may get back less than the amount you initially invest.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.

*Where will writing services are required, we’ll refer you to a service that is separate and distinct to those offered by St. James’s Place. Wills are not regulated by the Financial Conduct Authority.