Estate Planning

Protecting your assets
for the benefit of loved ones

Ensure the right people, get the right money at the right time

The rules for Inheritance Tax are complex and therefore it is important to discuss your situation with us, as you will then be able to understand its potential effect on your wealth.

Ian Pennicott is an affiliate member of STEP, the global professional association for practitioners who specialise in family inheritance and succession planning.

Personal Asset Management works with you to identify ways to minimise your Inheritance Tax liabilities. We will help you make best use of the gifts and exemptions allowed under IHT rules.  These include lifetime gifts, annual gifts and gifts to charities. We will look at your Estate from all tax angles so that, for example, a gift that potentially saves Inheritance Tax does not create an alternative tax liability.

There are various types of Trusts that can help reduce or even mitigate the liability – whilst still offering you control over the capital – over a seven-year period.  We are experienced in using investments that qualify for relief from Inheritance Tax after just two years – such as Business Property Relief and Enterprise Investment schemes.

We can help you:

  • Improve your financial arrangements so that your capital is working as hard as it can for you
  • Mitigate Inheritance Tax as much as possible, so that more of your money is left to your family or chosen beneficiaries
  • Leave a meaningful legacy behind for your loved ones, in accordance with your wishes
  • Advise on Lasting Powers of Attorney and Will Writing

Click here for information on Children’s Trusts.

Contact us on 01803 873978 or complete the form below and we will get in contact with you.

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Personal Asset Management are Independent Financial Advisors with over 50 years combined experience.  We have clients throughout Torbay, Newton Abbot, Exeter and the South of England, with our office based in Kingskerswell.

Our services include investment advice, Inheritance Tax planning, pension advice and retirement planning, mortgages and equity release.