IHT BROCHURE (1) - Flipbook - Page 10
As the landscape of IHT evolves amidst potential political shifts and economic turbulence,
it is paramount for individuals and families to be proactive in their estate planning. Staying
abreast of the latest developments and understanding the myriad of tools and strategies
available can make all the difference in preserving one’s assets for future generations.
Establishing Trusts
Trusts have long been a reliable and strategic instrument for wealth protection and
inheritance planning. Their signi昀椀cance is underscored by the recent uptick in their
establishment, as witnessed by Blacktower’s Trust division. The surge in trust establishment
indicates the foresight that many are exercising, foreseeing potential legislative shifts and
economic uncertainties on the horizon.
A well-structured trust shields assets and provides flexibility and control over how assets
are distributed. Especially in tumultuous political times, trusts stand as a bulwark, ensuring
that one’s hard-earned wealth remains secure and passes seamlessly to the intended
bene昀椀ciaries, minimising the potential IHT burden.
O昀昀ering Solutions to Expats
For UK expatriates, the concerns surrounding IHT have intensi昀椀ed. Observing the evolving
political landscape from afar, many expats are increasingly anxious about the potential
impact on their assets and investments in the UK. This unease is heightened by the recent
political surprises, casting uncertainty over the future direction of 昀椀scal policies.
With our global outreach and specialised expertise, we stand ready to offer tailored solutions
for this demographic. Recognising the unique challenges expats face, we provide services,
such as essential domicile testing, to help UK expats navigate the complexities of IHT
planning. Our offerings ensure precision in planning, safeguarding their wealth for future
generations, regardless of their current residence.
Given the shifts in the UK’s political and economic scene, the importance of addressing
inheritance tax (IHT) is more pronounced than ever. Potential policy changes on the
horizon make proactive planning and awareness crucial. Those who need to be informed
or prepared may face signi昀椀cant challenges, especially if they have substantial assets.
