Preserving your wealth, protecting your loved ones.

Having your money work harder for you with Intelligent Investments, makes sense. However, wealth creation is only part of the story.

Consideration must also be given to the effective succession planning of your estate providing peace of mind knowing that your assets will be passed down to your beneficiaries in the most tax efficient, and straight forward, manner possible.

Effective Estate Planning

Successful Estate Planning is dependent on getting the foundations right and it is most effective when it is conducted early. The later you leave it, the more limited your options will be.

At Intelligent Investments, we believe the best way to approach Estate Planning is to adopt a systematic process. The first step is to define what you want to achieve. For example, you need to decide who you want to benefit from your estate, and when the benefits will be received. Another consideration is whether you want to give away your assets outright or if you want to retain some control over them.

Are British expats and non-residents liable for UK inheritance tax?

Even if you are an expat living outside of the UK, you will still be subject to inheritance tax (IHT) in the UK if you are deemed to be of a UK domicile status.

In the past, IHT planning used to be an activity confined to the very rich. However, growing affluence and rising house prices means that this is no longer the case. Even families and individuals with a relatively moderate level of wealth, now need to plan ahead to ensure that their assets are passed on to their loved ones as efficiently as possible.

It is essential to understand that being classed as non-resident in the UK for tax purposes, as your domicile is unlikely to have changed, you will still be liable for UK IHT.

Keep your tax and inheritance planning up to date

Inheritance tax rules, tax laws and family circumstances can change. All of this may have an impact on your estate planning. We can review your arrangements and advise on any changes that may need to be made.

It’s important to note that Estate Planning is a complex area and it is highly unlikely that any problem you have can be solved through a single action. We believe getting expert professional advice can make all the difference.

Complete your details below to discuss today how we can assist putting together the right plan for your particular circumstances.