SHOW THEM HOW MUCH YOU CARE
Inheritance Tax Advice
Nobody likes to think about death, even though it’s arguably the most certain thing about life. When you die, what happens to your estate is already largely decided. For some people, this means that the single biggest beneficiary is HM Revenue & Customs.
But you can take steps now to make sure those you care about most, benefit most. And we can help you.
Who do you want to benefit from your estate?
You have spent your lifetime working to look after your family. When you pass, what happens to your estate is already largely decided. That often means that the single biggest beneficiary is HM Revenue & Customs. But we can help to make sure your wishes are delivered.
Inheritance Tax
The effects of inheritance tax can be devastating, but there are things you can do:
- Ensure your Will* is up to date, structured and written correctly
- Consider transferring assets using lifetime gifts
- Look at creating a tax-efficient fund, to allow the beneficiaries of your estate to meet the tax liability without eroding family wealth
- Intergenerational wealth management
- Transferring some of your wealth during your lifetime, can be an effective and efficient way of helping your children or parents when they need it most, rather than waiting for your Will to take effect.
Professional trustee services
Through St. James’s Place, we have access to Genus Trust Company Jersey Limited, who provide professional trustee services and an extensive range of solutions. As a trustee, the company represents the interests of the beneficiaries and ensures due regard is given to clients’ wishes. In all cases these wishes are discussed in detail and placed on record, discreetly and confidentially.
Showing your loved ones how much you care starts with a review of your current arrangements and provisions.
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.
* Will writing involves a service that is separate and distinct to those offered by St. James’s Place. Wills and Trusts are not regulated by the Financial Conduct Authority.
