Wealth Management for Families, Trusts & Charities
Higher cost of living, rising house prices and retirement provision are issues facing the younger generation. Salisbury FS provides expert guidance, finding the right balance between your own lifetime needs and your desire to pass wealth to the next generation.
Our qualified advisers will review your assets to determine your potential inheritance tax liability and discuss potential solutions.
Our assessment of your circumstances, backed by our rigorous research allows Salisbury FS to tailor a plan that is right for you.
Making full use of your inheritance tax allowances is an important part of your financial plan. Our strategies are designed with tax efficiency in mind.
Our proactive service to you is all year round, not once a year, and we constantly monitor markets and changes in legislation.
All assets, including your home, personal possessions, savings and pension funds (from April 2027) may be subject to inheritance tax (IHT) over and above the prevailing nil rate band. Sound planning, based on a comprehensive review of your assets and liabilities, may help reduce your IHT liability, safeguarding your beneficiaries’ long-term security.
If your estate exceeds £1m (for couples) or £500k (for individuals), you should seek advice. Our team of advisers are experienced and qualified to advise in this highly complex area of financial planning.
Our journey begins with a full assessment of your financial position, your immediate and future needs and an understanding of your wishes. We will evaluate your existing assets and provide you with a tailored financial plan, setting out how you could aim to reduce the value of your estate for inheritance tax.
Salisbury FS will assist you at every stage, carefully explaining your options and implementing them for you. Our ongoing service ensures that we provide you with ongoing support, monitoring of your financial plan and respond to any changes in legislation.
In the government’s 2024 Autumn Budget, measures were announced that will include pension funds within the scope of inheritance tax.
Significant wealth is often tied up in pensions, so professional advice is essential. With pension funds potentially liable to both inheritance tax and income tax in the hands of beneficiaries, this double taxation, effectively reducing the value of a pension by as much as 67%, could significantly reduce the legacy you are able to pass on.
Salisbury FS has devised strategies to help alleviate some or all of this tax burden. Contact us today to discuss how we can help.
Estate Planning, Inheritance Tax Planning and Tax Planning are not regulated by the Financial Conduct Authority.
“We are committed to delivering an outstanding level of advice, support and ongoing service to our clients. Salisbury FS recognises each client as an individual, with their own needs and preferences, hence our ongoing services are tailored to the needs of each client. We also recognise that our clients rely on us to look ahead for them. Our proactive service ensures that we keep our clients informed of the need to make changes ahead of time. Proactive, not reactive.”
Tom Beckett, Managing Director - Salisbury FS
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