Estate Planning
What we offer to support you with intergenerational wealth transfer planning.
More estate planning insights from Techzone
Managing intergenerational wealth transfer
This placemat highlights how IHT can be an issue for clients and a range of solutions from Aberdeen that may mitigate this.
Which trust solution is right for your client?
Look at our guide to establish which trust solution may work best for your client.
Understanding inheritance tax and estate planning
Our team of experts qualified in pensions, taxation and wealth transfer provide you with access to a range of materials to help you with inheritance tax and estate planning through Techzone.
Other tax efficient options
Junior ISA on Wrap
Our Wrap Junior ISA (JISA) offers a tax efficient way to save and invest for a child and a simple way for families to transfer wealth over time.
The main attraction of a JISA is that interest, dividends and capital gains on savings are tax free. While only parents (or guardians) can create an account, gifts can be made by anyone. These will be potentially exempt transfers, so there are no immediate IHT consequences and remember your clients have an annual gift allowance of £3,000. This means every individual can give away £3,000 each year without it being added to the value of their estate for inheritance tax purposes.
Wrap and Elevate pensions
You should consider if your client’s current pension allows pension wealth to be passed to nominated individuals in a tax efficient way or is the only option available on death an annuity or a lump sum which would immediately form part of the beneficiary’s estate.
Pensions that don’t offer your clients the range of death benefit options they might require can be transferred to our Wrap Self Invested Personal Pension and Elevate Pension Investment Account which offer a full range of death benefit options to ensure wealth can be passed down generations in a tax efficient way.