You’ve worked hard to build and preserve your wealth, and you want to leave a meaningful legacy for your loved ones. Succession planning can be an emotional and highly personal subject, but in our experience, the sooner you begin to plan the better.
There are many ways to reduce Inheritance Tax and ensure that your assets can be passed onto your beneficiaries in a tax-efficient manner. Each of these comes with its own advantages and disadvantages however.
Henry, the founder of Golden Oak Wealth Management and our lead Wealth Manager, has years of experience in succession planning and helped many families build a succession plan that is bespoke to their needs.