Inheritance Tax Financial Planning Advice Fees

Inheritance Tax is the only tax you can legally plan to mitigate for i.e.  plan to reduce its effect.  This section offers inheritance tax solutions for property and investments using deeds, wills and trusts for estate planning.  WE ONLY USE SOLUTIONS THAT ARE ACCEPTED BY HMRC/THE LAW as legitimate tax planning solutions and are part of most investment company and financial advisers 'off the shelf' solutions.  There are NO 'obscure', untested schemes that are trying to hide something or 'hit the headlines' for tax evasion.

When you see this: = guidance notes/videos in the quotation form to help you complete your fee quotation.

Prefer Life Insurance in Trust to cover inheritance tax liabilities on death? See Protect & Insure.

Products

 

Immediate Reduction of Estate for Inheritance Tax via a Discounted Gift Trust Lump Sum Investment Portfolio for UK Residents.

An 'off the shelf', packaged lump sum investment via a Discounted Gift Trust using Insurance Investment Bonds to reduce its value IMMEDIATELY for inheritance tax.

Immediate Estate Reduction: For example, you decide to invest £100,000 today.  The immediately value for inheritance tax could be as low as e.g.  £50,000 depending upon your age, the younger you are, the bigger the discount.  Even though for inheritance tax estate valuation purposes, it is valued at (at a discount) of £50,000, the real value on day 1 of the investment that beneficiaries will receive is still £100,000.  It has not lost investment value, its has solely been reclassified as a 'discounted gift trust' meaning that the value of the gift for inheritance tax purposes and calculation is £50,000.

7 Year Rule:  Totally outside your estate for inheritance tax purposes after 7 years.

This is a legitimate investment in trust approved by HMRC.  You can still access the investment for a regular 'income' but you lose access to the original capital as this is in trust for loved ones.

We will conduct independent, unbiased, in depth research, advice and analysis to construct an investment portfolio (UK regulated investment plans only) on your given income/growth profile and other requirements including the settlement into a discounted gift trust.  It will include research and a full written suitability report on suggested investment portfolio including

  • Product type recommendations and suggested amounts for each product
  • Named Investment provider recommendations as well as fund sector and specific investment fund recommendations in line with your attitude towards risk
  • Application forms will be handled by us although all investment monies will paid direct to the investment company
  • We do not handle client investment money and will only accept money payable for our agreed advice fee
  • VAT free as majority of works are for intermediation on regulated products.

Fees are made up of two parts to make up the total fee:

  1. Fixed Fee Element - this is a fixed, flat fee per investment portfolio, whether you have £30,000, £50,000, £100,000 or £1,000,000 to invest, the same 'timed work' and analysis is required.  Up to 25% discounts apply when selecting Non Face to Face/Remote services and/or Paid Upfront.
  2. % Risk Fee Element – this is a 'one off' fee based upon the value of the investment.  It is representative of the works involved to complete the portfolio.  In short the larger the portfolio, the more investment products, application forms and funds we may recommend for spread, checking, chasing contract documents and unit statements plus the liability that we take on as advisers and also, the fees that we pay to insurers, ombudsman levies and regulator levies that are based upon the volumes of work that we do.  E.g.  the works and liability we take on for a £50,000 investment is much lower than for a £200,000 investment, hence a proportionate charge for this.
  3. These are 'ONE OFF' fees.  There is NO ONGOING % adviser charge paid to us, unlike many other advisers who take an ongoing % each year meaning more of your investment and growth stays in your fund.

Pricing / Purchase Options

1. Non Face to Face Paid Upfront
25% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,278.75
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
2. Non Face to Face Paid On Completion
15% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Completion) - £1,449.25
Part 2 : % Risk Fee Element (Completion) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
3. Face to Face Paid Upfront
10% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,534.50
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
4. Face to Face Paid On Completion
Standard Fee
Part 1 : Fixed Fee Element (Completion) - £1,705.00
Part 2 : % Risk Fee Element (Completion) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
 
 

Putting All Future Growth In Trust and Stopping Your Estate Value Grow for Ever Higher Inheritance Taxes via an Inheritance Loan Trust Lump Sum Investment Portfolio for UK Residents.

An 'off the shelf', packaged lump sum investment via an Inheritance Loan Trust using Insurance Investment Bonds to reduce how quickly your estate grows for inheritance tax purposes by putting that growth in trust.

Putting Future Investment Growth In Trust: A simple trust is set up, usually with just a £1 in it e.g.  for loved ones.  You then LEND the trust some money e.g.  £100,000.  IT IS AN INTEREST FREE LOAN.  YOU DO NOT LOSE ACCESS TO YOUR ORIGINAL CAPITAL.  The trust then invests the money for growth.  Any growth acheived is immediately outside your estate for inheritance tax purposes.  You can decide to have regular loan repayments back to you e.g.  5% pa of the original investment.  You may decide not to have loan repayments initially and leave funds invested for growth.  You can recall your 'loan' in full or in part at any time.  The growth is in trust, the loan is your original capital.  On your death, the loan (if any is still outstanding) is repaid to your estate and included in any inheritance tax calculations.  Any investment growth is all outside your estate.

Growth Rule:  100% of all growth is outside your estate for inheritance tax purposes immediately.  You do not lose access to your original capital.

This is a legitimate investment in trust approved by HMRC.  You can still access the original capital investment for a regular 'income' with the loan repayment facility but you lose access to the growth as this is in trust for loved ones.

We will conduct independent, unbiased, in depth research, advice and analysis to construct an investment portfolio (UK regulated investment plans only) on your given income/growth profile and other requirements including the settlement into a discounted gift trust.  It will include research and a full written suitability report on suggested investment portfolio including

  • Product type recommendations and suggested amounts for each product
  • Named Investment provider recommendations as well as fund sector and specific investment fund recommendations in line with your attitude towards risk
  • Application forms will be handled by us although all investment monies will paid direct to the investment company
  • We do not handle client investment money and will only accept money payable for our agreed advice fee
  • VAT free as majority of works are for intermediation on regulated products.

Fees are made up of two parts to make up the total fee:

  1. Fixed Fee Element - this is a fixed, flat fee per investment portfolio, whether you have £30,000, £50,000, £100,000 or £1,000,000 to invest, the same 'timed work' and analysis is required.  Up to 25% discounts apply when selecting Non Face to Face/Remote services and/or Paid Upfront.
  2. % Risk Fee Element – this is a 'one off' fee based upon the value of the investment.  It is representative of the works involved to complete the portfolio.  In short the larger the portfolio, the more investment products, application forms and funds we may recommend for spread, checking, chasing contract documents and unit statements plus the liability that we take on as advisers and also, the fees that we pay to insurers, ombudsman levies and regulator levies that are based upon the volumes of work that we do.  E.g.  the works and liability we take on for a £50,000 investment is much lower than for a £200,000 investment, hence a proportionate charge for this.
  3. These are 'ONE OFF' fees.  There is NO ONGOING % adviser charge paid to us, unlike many other advisers who take an ongoing % each year meaning more of your investment and growth stays in your fund.

Pricing / Purchase Options

1. Non Face to Face Paid Upfront
25% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,278.75
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
2. Non Face to Face Paid On Completion
15% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Completion) - £1,449.25
Part 2 : % Risk Fee Element (Completion) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
3. Face to Face Paid Upfront
10% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,534.50
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
4. Face to Face Paid On Completion
Standard Fee
Part 1 : Fixed Fee Element (Completion) - £1,705.00
Part 2 : % Risk Fee Element (Completion) - 0.75% of Lump Sum To Be Invested (£) e.g. 30,000
 
 

For couples that own property: A classic inheritance tax planning strategy for your property and an indirect way to also protect from care fees means testing. 

Severance of Joint Tenancy to Tenants in Common:  For couples, most property is owned as 'joint tenants' i.e.  you jointly own the whole property.  If one dies, the survivor already does and instantly owns the whole property anyway.  By changing the way a couple owns the property to 'tenants in common' (imagine a 'red line' down the middle of the property, you own your half and your partner owns the other half), it enables you on 1st death to place your share of the property in trust (using your Will) for the benefit of other loved ones e.g.  children.

Lifetime Interest In Property Trust:  Your surviving partner can continue to live in the WHOLE property (and indeed move home if they wish) but other loved ones own the deceased's half.  Upon second death the whole property is passed to beneficiaries.  This means that part of the property does not count towards the 2nd death inheritance tax liabilities and indeed cannot be included in any means test for care.

What we do:

  • Draft a Severance of Joint Tenancy Deed to establish 'Tenants in Common' that you both sign
  • Complete Land Registry forms to change land ownership title to 'Tenants in Common' and send the completed forms together with the Severance Deed to the Land Registry to be registered.
  • Draft Two 'Advanced' Wills, one for each of you including your normal Will and Trust requirements but in addition include a Lifetime Interest In Property Trust.

NOTE:  To qualify for this, you should be mortgage free i.e.  own your home outright.

 

 


Pricing / Purchase Options

1. Non Face to Face Paid Upfront
25% Discount
£1,319.99
2. Non Face to Face Paid On Completion
15% Discount
£1,495.99
3. Face to Face Paid Upfront
10% Discount
£1,583.99
4. Face to Face Paid On Completion
Standard Fee
£1,759.99
 

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