Suma Monde Kapital Partners’ Post

Do you have clients who worry they have left it too late to plan their estate more tax-efficiently? Because while estate planning solutions such as gifts and trusts take seven years to become 100% Inheritance Tax (IHT) relievable, an investment that qualifies for Business Relief (BR) can take just two years. We’ve created a client planning scenario document that explains the advantages of BR and illustrates how an investment in the Blackfinch Adapt IHT Service can mitigate an IHT liability in just two years. Want to know more? Just download the PDF here: https://lnkd.in/eWAyrWFr #InheritanceTax #IHT #EstatePlanning #WealthPreservation #BusinessRelief #CapitalPreservation #TaxMitigation #TaxProducts #TaxEfficiency #IHTrelief #IHTexemption Don't invest unless you're prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more: https://lnkd.in/ePirgMBU

Unlock the Power of Trust Funds in Estate Planning! ⚡️⚡️ Trust funds go beyond preserving wealth - they're vital for sophisticated estate planning to minimise Inheritance Tax (IHT) in the UK. By incorporating trust funds into your strategy, you can secure your financial legacy and ensure your assets are distributed according to your wishes while reducing the tax burden on your heirs. Discover how to: ▪️ Maintain control over asset distribution. ▪️ Shield heirs from excessive tax liabilities. ▪️ Optimise tax efficiency through strategic use of different types of trusts. Click the link below to learn how trust funds can enhance your estate planning and secure your family's financial future. ☀️☀️ ➡➡ https://lnkd.in/eiMg63eZ ⬅⬅ #trusts #TrustFund #estateplan #TaxExperts #TaxPlanning #IHT #EstatePlanning #FinancialPlanning #financialadviser #financialadvice

A Spousal Lifetime Access Trust (SLAT) can be a valuable tool for maximizing wealth transfer and reducing estate taxes

Do you have clients who worry they have left it too late to plan their estate more tax-efficiently? Because while estate planning solutions such as gifts and trusts take seven years to become 100% Inheritance Tax (IHT) relievable, an investment that qualifies for Business Relief (BR) can take just two years. We’ve created a client planning scenario document that explains the advantages of BR and illustrates how an investment in the Blackfinch Adapt IHT Service can mitigate an IHT liability in just two years. Want to know more? Just download the PDF here: https://lnkd.in/d_nXJU-E #InheritanceTax #IHT #EstatePlanning #WealthPreservation #BusinessRelief #CapitalPreservation #TaxMitigation #TaxProducts #TaxEfficiency #IHTrelief #IHTexemption Don't invest unless you're prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more: https://lnkd.in/dhwbdfWc

The budget is a matter of days away and I'm fielding a lot of calls from clients asking the same question... "𝗛𝗼𝘄 𝘄𝗶𝗹𝗹 𝘁𝗵𝗲 𝗕𝘂𝗱𝗴𝗲𝘁 𝗶𝗺𝗽𝗮𝗰𝘁 𝗺𝘆 𝗶𝗻𝗵𝗲𝗿𝗶𝘁𝗮𝗻𝗰𝗲 𝘁𝗮𝘅 𝗯𝗶𝗹𝗹?" While we can’t control the budget, we have put in place a number of smart strategies for these clients to help reduce their IHT liability, which include: 𝙈𝙖𝙠𝙚 𝙡𝙞𝙛𝙚𝙩𝙞𝙢𝙚 𝙜𝙞𝙛𝙩𝙨 as after 7 years, they’re exempt from IHT. 𝙐𝙨𝙚 𝙞𝙣𝙩𝙚𝙧𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙗𝙤𝙣𝙙𝙨 to take assets out of your taxable estate. 𝙎𝙚𝙩 𝙪𝙥 𝙩𝙧𝙪𝙨𝙩𝙨 to lower your estate’s value while keeping some control over asset distribution. 𝙄𝙣𝙫𝙚𝙨𝙩 𝙞𝙣 𝙖𝙣 𝘼𝙄𝙈 𝙄𝙃𝙏 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 for 100% Business Relief after two years. IHT can be complex and emotional, but with the right plan, you can protect your legacy. #InheritanceTax #IHT #UKBudget #EstatePlanning #WealthManagement #TaxPlanning

The Grantor Retained Annuity Trust (“GRAT”) is one of the most powerful estate planning tools available to high-net-worth families to efficiently transfer wealth to the next generation. The GRAT strategy allows an individual (the “grantor”) to “freeze” the value of appreciating assets and pass future income and appreciation on those assets to the next generation – without incurring gift or estate taxes. However, GRATs have come under scrutiny in recent years and may not survive future estate and gift tax legislation. Fifth Third’s Business Transition Advisory Team offers ways to leverage the variations of this technique and provide a solution for clients who seek to reduce estate tax liability, transfer wealth and hedge against potentially adverse tax legislation. #businesstransition #estateplanning #wealthmanagement #taxation

Unlock the secrets of the Tapered Residence Nil Rate Band (RNRB) in inheritance tax planning! Introduced in 2017, this allowance benefits those passing their main residence to direct descendants. But beware – its tapered nature may jeopardize relief for high-value estates. Learn how it works and explore strategies to safeguard this allowance. From lifetime giving to trusts and downsizing considerations, navigate the complexities with proactive planning. Read the full blog for a secure, tax-efficient financial future.

Unlock the secrets of the Tapered Residence Nil Rate Band (RNRB) in inheritance tax planning! Introduced in 2017, this allowance benefits those passing their main residence to direct descendants. But beware – its tapered nature may jeopardize relief for high-value estates. Learn how it works and explore strategies to safeguard this allowance. From lifetime giving to trusts and downsizing considerations, navigate the complexities with proactive planning. Read the full blog for a secure, tax-efficient financial future.

Unlock the secrets of the Tapered Residence Nil Rate Band (RNRB) in inheritance tax planning! Introduced in 2017, this allowance benefits those passing their main residence to direct descendants. But beware – its tapered nature may jeopardize relief for high-value estates. Learn how it works and explore strategies to safeguard this allowance. From lifetime giving to trusts and downsizing considerations, navigate the complexities with proactive planning. Read the full blog for a secure, tax-efficient financial future

Are any assets exempt from Inheritance Tax? Yes. Business Property Relief. What is it? Shares held in an unquoted company (e.g. family business) which are then left to children of the deceased are usually left out from the taxable Estate. BPR (Business Property Relief) does have some restrictions however: > The business must have existed for two years > It must not have traded or dealt with land, building, securities or investments BPR also applies to business premises too. The most tax advantageous way to making this kind of bequest is that it should be left to beneficiaries other than the spouse, for reasons I am happy to explain on a case by case basis with interested individuals. If you would like more information about your role as an Executor, or resources that you can pass onto those managing your Estate, please request a FREE copy of my book "Where there's a Will, there's a Relative". Simply send me a direct message. #Executor #BusinessPropertyRelief #Tax #IHT