Succession and Estate Planning

Taking the first steps in deciding what should happen to your assets during your lifetime and after you're gone can be daunting.

Complex rules and constant changes to tax legislation, including those made to Inheritance Tax, mean that planning is vital to ensure that you benefit from the available exemptions and reliefs. 

Our team works across tax, investments, protection, and property to plan your assets with maximum tax-efficiency. With proper planning, your family will benefit from the measures you take today. Structure your affairs now to help ensure your hard-earned wealth continues to work hard for your loved ones when you no longer can.

Our approach

A review of your affairs can help us to establish your current tax exposure and provide advice on the best options available. This often involves reducing the value of your estate through gifting or structuring future growth, life insurance policies, or other estate and succession planning methods.

The options for Inheritance Tax (IHT) Planning can appear complex and daunting. However, our team will guide you through, ensuring your family is protected after you are gone.

Inheritance tax (IHT) is a tax that is charged on the value of your estate upon death.

IHT is currently charged at 40% on the net value of your assets that exceed your Nil Rate Band. The Nil Rate Band has been frozen at £325,000 per person or £650,000 for a married couple until 2028. In certain circumstances, this can be increased to £1,000,000 per couple where their home passes to a direct lineal descendent.

For UK domiciled and deemed domiciled individuals, IHT is charged on their worldwide assets irrespective of where they are situated. For non-UK domiciled individuals, exposure is limited to UK situs assets and specific consideration is required for cross border tax issues.

Assets subject to IHT can include shareholdings in companies, your home, any other properties you own, your savings and investments (including any ISAs), your car, and any personal possessions.

Our Services

Eton Rose Consulting can offer services to our clients which includes:

  • Inheritance Tax Planning

  • Utilising exemptions and maximising tax reliefs

  • Appropriate ownership structure of assets

  • Gifts during life, on death, and post-death variations

  • Estate and succession planning

  • Use of trusts and family investment companies

  • Tax-efficient investments