At 40% above the threshold, inheritance tax is a significant issue for many families — and one that is often left too late.
For clients with larger estates, inheritance tax can represent the single biggest tax bill of their lives. Unlike income tax or capital gains, it falls not on them but on the people they leave behind. Good estate planning reduces that liability, makes wishes clear, and ensures assets reach the right people.
What we cover
Reviewing your current estate to understand what is taxable and what the liability looks like today. Identifying appropriate strategies to reduce that liability — gifting, trusts, business relief and charitable giving, used where they genuinely fit your situation. Coordinating with your wills to make sure your financial planning and legal arrangements are properly aligned. Powers of attorney, ensuring the right arrangements are in place if you lose capacity. Pension estate planning — pensions sit outside the estate for inheritance tax purposes, and that has real implications for how they are structured and passed on. Multi-generational planning, helping families think about wealth transfer in a coordinated way.
On legal advice
We work closely with solicitors where needed to make sure financial and legal arrangements work together. We do not provide legal advice directly, but we help ensure nothing falls through the gap between the two.
The sooner the better
Estate planning is one of those things that tends to get deferred. The earlier it is addressed, the more flexibility there is — and the more of what you have worked for ends up where you intended.
Ready to talk?
Call us on 028 9590 9717 or email hello@foursquarefm.com — we are happy to have an initial conversation about your situation with no obligation.