Coveney Nicholls Chartered Accountants’ Post

Starting your inheritance planning early and taking financial advice can have a direct impact on your family’s financial wellbeing after you’re gone. Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner.

It’s so important to plan for your financial future, and that of your loved ones. Talk to us about inheritance planning: https://lnkd.in/egv6hgn2 #inheritance #beneficiary #financialplanning

It’s so important to plan for your financial future, and that of your loved ones. Talk to us about inheritance planning: https://lnkd.in/egv6hgn2 #inheritance #beneficiary #financialplanning #inheritancesolicitors #estateplanning

It’s so important to plan for your financial future and that of your loved ones. Talk to us about inheritance planning: https://lnkd.in/egv6hgn2 #inheritance #beneficiary #financialplanning

When I first started my career in financial planning I didn't have a great understanding of multigenerational planning. I knew it was important, but I didn't pursue it with the same fervor that I do today. While discussing exemptions from estate tax is not a priority for majority of Americans (the current exemptions is $13.1 million per person, and will be cut approximately in half in 2026 unless congress makes changes), what is important is knowing what will happen one day when someone passes away, where the assets will go, and if there are any taxes or fees (think probate), that will be tied to the transfer. A strong financial plan encompasses multiple generations, and while factors can change, there is a framework in place for what you want to happen. We can help dig into the details of your inheritance. Let’s make sure your legacy will reach your loved ones as efficiently as possible.

What are the main benefits of comprehensive estate planning? Looking to protect your assets and save on inheritance tax? Comprehensive estate planning offers long-term protection for your children, grandchildren, and future generations—while also securing significant tax savings. Whether you're single or married, these plans ensure your assets are distributed as you wish, without waiting periods or future uncertainties. With trusts that last up to 125 years, this strategy provides peace of mind and financial security for your family. Learn more about how estate planning can benefit you! #EstatePlanning #AssetProtection #InheritanceTax #Trusts #WealthManagement #FinancialSecurity #TaxSavings #LegacyPlanning #HighNetWorthPlanning #HMRC https://lnkd.in/eaBxe73N

The inheritance you leave your family can set the tone of your loved ones’ financial situation for generations to come. When planning your estate and administering a trust, there are complexities you must navigate through to ensure that your wishes are carried out as you intend. Careful planning and understanding your goals are key to a successful inheritance and legacy. https://bit.ly/3xInQcY

The inheritance you leave your family can set the tone of your loved ones’ financial situation for generations to come. When planning your estate and administering a trust, there are complexities you must navigate through to ensure that your wishes are carried out as you intend. Careful planning and understanding your goals are key to a successful inheritance and legacy. https://bit.ly/3xInQcY

The inheritance you leave your family can set the tone of your loved ones’ financial situation for generations to come. When planning your estate and administering a trust, there are complexities you must navigate through to ensure that your wishes are carried out as you intend. Careful planning and understanding your goals are key to a successful inheritance and legacy. https://bit.ly/3xInQcY

The inheritance you leave your family can set the tone of your loved ones’ financial situation for generations to come. When planning your estate and administering a trust, there are complexities you must navigate through to ensure that your wishes are carried out as you intend. Careful planning and understanding your goals are key to a successful inheritance and legacy. https://bit.ly/3xInQcY