Protecting your family and home should be an integral part of any wealth management plan. Here, taking the long-term view is essential – looking not just at Inheritance Tax (IHT), but also areas such as Capital Gains Tax, illness and loss of income – and good advice can be, literally, worth its weight in gold.
Mitigating IHT is important of course, to make sure your family gets as much of your estate as possible at a difficult time; but other forms of protection are important too. Life, critical illness and disability cover are essential to help your family cope at stressful times; many of us will need varying levels of professional care in later life, and good advice now can help cover the costs later.
Later Life Planning is one of Franklyn’s specialities, and we can help you plan for IHT, make gifts to your heirs and secure an income for long term care.
The value of an investment with St. James’s Place, and any income drawn from it, will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time, and are dependent on individual circumstances.