• Protect your assets and keep them within your family bloodline
• Stop your wealth eroding through the generations
• Save payment of unnecessary tax
We have developed a reputation in our field for providing unrivalled wealth protection services which complement current financial advice. We work with leading legal experts to develop our Trust solutions, so you can be re-assured that they will do what you want them to do.
If you have a pension, Death in Service benefits or Life Cover, you need a Trust.
If you want to protect your children’s inheritances from lifetime impacts such as children divorcing or lifetime gifting, you need a trust.
If you also own a property or business, land or other assets, you need a Trust framework that will hold all of your individual Trust solutions.
Our Trust frameworks are set up whilst you are alive which gives you much more flexibility if you decide to change the distribution of your wealth.
For your Death in Service and Pensions – Asset Preservation Trust
Holds your Death in Service lump sums, SIPP funds and personal pensions, including those in drawdown, following your death.
The plan addresses the common shortfalls of clients with inefficient or without Will planning and delivers long term wealth preservation benefits for client’s children.
The Beneficiary Protection Plan delivers two key benefits of saving next generation taxation as well as protecting children’s inheritances from lifetime impacts such as children divorcing. The framework also delivers the additional facility to accommodate lifetime protective gifting.
• Clients using unprotected gifting methods in an attempt to reduce their own IHT or simply to assist their children.
• Wills leaving a residual estate in equal shares to children
• Wills leaving an estate to a single child.
• Lack of use of life interest gifting or planning for younger couples.
• Clients with Wills gifting to elderly Siblings.
• Clients leaving business assets to a beneficiary.
Holds your death benefit payments from life cover policies, including critical illness policies and relevant life plans.
Is tailored to your individual needs and certified by our legal partners.
Policy payments held in Trust are not included in your estate, so they can be paid to your family without the grant of probate.
Holds bonds from multiple providers which are not currently held in Trust.
Can be transferred absolutely or you can keep the ‘income’ rights but give up the right to the capital.
The bond is not included in your estate for Inheritance Tax purposes after seven years.
Holds gift and loan sums from one or more existing or future bonds, or gifts from your family estate.
With the right planning, your children can also use the Trust properties for their own tax and social protection benefits.
Ongoing maintenance of the Trust is required.
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK.
Chartered Independent Ltd is a member of Best Practice IFA Group Limited. Best Practice IFA Group Limited is authorised and regulated by the Financial Conduct Authority. The registration number is 223112 and a full list of members can be found on the FCA register. Companies house number: 08030712.
The Financial Ombudsman Service (FOS) is available to refer your complaint regarding individual complaints that financial services businesses and their clients are unable to resolve. You can contact the FOS helpline on 0800 023 4 567 or visit the website at: www.financial-ombudsman.org.uk.
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