Gift & Inheritance
Legacy Trust

Passing on a healthy legacy to children and grandchildren is important for many people, but if your estate is of a certain size it can be subject to up to 40% Inheritance Tax (IHT). So a sensible move is to reduce the amount of your estate while you’re alive, so loved ones inherit more and pay less to the taxman – and a Gift & Inheritance Legacy Trust can play an important part in any tax-efficient inheritance plan.

It reduces the impact of IHT by creating a legal framework to house whatever assets you choose to put in it – such as property, money or investments. By gifting assets into the Trust, they’re treated as a Potentially Exempt Transfer – which means that after seven years they fall ‘outside’ your estate for IHT purposes, while also being protected from risks such as remarriage, divorce, creditors or care fees. Other benefits include minimising the fees and delays associated with probate and peace of mind over family disputes, as a trust can’t be contested.

A Gift & Inheritance Legacy Trust:

Reduces Inheritance Tax

  • By gifting assets such as property and investments into a Trust, they’re treated as a Potentially Exempt Transfer – which means after seven years, they would fall outside of the estate for IHT purposes

Protects your legacy

  • The Trust makes sure your wealth goes where you want it to, regardless of complications from remarriage or divorce, or assessment for care fees

You can avoid delays

  • Placing your assets in a Trust minimises the fees and delays associated with probate, so your loved ones can inherit in weeks, rather than months

Your family has peace of mind

  • Unlike a will, a trust cannot be contested, reducing the chance of disputes or complications

A tailored Gift & Inheritance Legacy Trust offers peace of mind that your family’s inheritance is protected against risk, with more passed on and less taken by the taxman. Inheritance Tax rules can always change though, so it’s worth chatting to our experts about what’s right for you.

To arrange a home visit to discuss your options, contact us now.

Talk to your Aiker Legacy Adviser

Arrange a home visit now to discuss your current situation, and which options might suit you best, and how regular reviews can help you be sure your legacy isn’t at risk. The whole process is easy, and starts by simply giving us your details.





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