Join Me for an Afternoon that Could Help you Leave a Legacy for Your Loved Ones

The Leaving a Legacy Lunch

Wednesday 22nd May 2019
The Oxfordshire Golf Club,
Rycote Ln, Milton Common,
Thame OX9 2PU

Why do we want to build wealth? Is it so we can buy plush homes, drive fast, sleek cars or sun ourselves in exotic climes? Or is actually for a far more personal reason: So that we can give our loved ones a comfortable, secure and enriched life?

For some people, filling our lives with luxury is a key motivation to make money; however, most of us also want to help those who we love by leaving behind a legacy that will give them the best start in lives, or enable them to continue to live out their lives with confidence and certainty.
But is just making money enough to guarantee this?

Inheritance Tax is currently sat at 40%, meaning that, if your estate exceeds the threshold (currently £325,000 for a single person and £650,000 for a married couple) you could end up giving away nearly half of your wealth to the Government. Yes, the Tory government increased the limits by introducing the Residential Nil Rate Band, but it certainly isn’t the £1m allowance they promised, and if you don’t play your cards right, you may not get any of it at all. Your hard-earned wealth could be quickly eroded by tax and may end up lining the Treasury’s coffers, rather than the pockets of your loved ones.
I’m sure that you don’t want May and her band of not so ‘Merry Men’ to become the single largest beneficiary of your hard-earned money! That’s why protecting your wealth in later life is becoming more and more poignant.

Historically, Inheritance Tax has been the preserve of the super-wealthy, but this is changing. The ever-evolving world of tax, especially Inheritance Tax, is not just targeting the very rich; in fact, it is beginning to hit the average family too. Last year alone, we saw HMRC collect £5.1 billion in Inheritance Tax - a rise of 9% from 2016 . And with the conventional Nil-Rate Band fixed at £325,000 until April 2021, this trend looks set to continue. But what can you do?

Our next event is taking place on Wednesday 22nd May 2019 at The Oxfordshire Gold Club

Careful planning around your finances is one of the key steps to take now in order to protect your wealth for the benefit of your loved ones. Former Labour politician Roy Jenkins once said that “Inheritance Tax is paid only by those who distrust their family more than they dislike the Inland Revenue.” But was he right?

To use a palatable analogy, this planning is very much like baking a cake- there are multiple layers, which take a great deal of care to construct. Firstly, you need to identify what could damage your creation; in this case, Inheritance Tax could ‘spoil the mix’. Next you need to choose the best ‘ingredients’ that will help you to minimise the amount of tax you pay and ensure that your loved ones will receive the most they can. Only then can you ensure that you are in the best position to financially feed your own future as well as those of your loved ones, so you can have your cake and eat it!

Any planning around tax can be confusing, time-consuming and controversial! In the UK, we all have to pay tax in some form, so it is important that any plans you make are lawful, accurate and fair. Achieving the balance between what you want to do and what you have to do is a little bit of a minefield, so we have created a free educational seminar to demonstrate what your obligations are, and what options are available to you.

Avoid hefty Inheritance Tax Charges.

Ensure that your house and capital are protected against third-party risks.

Take measures to prevent your assets disappearing if a divorce in the family were to happen.

The event will take place on Wednesday 22nd May 2019, 12.00pm-2.30pm at The Oxfordshire Golf Club, Rycote Ln, Milton Common, Thame OX9 2PU. In order to make this event as productive as possible, and answer as many of your questions as we are able, places will be limited to just 16 seats. A complimentary lunch will also be provided.

Understanding these areas could be the difference between you leaving your family ‘a life changing sum’ and a ‘life changing lesson’.

The event will be presented by myself, Chartered Financial Planner Charlie Reading, of local, independent firm, Efficient Portfolio. I will be on hand to answer any of your questions and provide clear cut guidance on the options available.

To book your complimentary place, please complete your details below or contact our Events Manager, Charlotte Colton, on or by calling 01572 898060.
I look forward to seeing you there.