• Planning for Inheritance

Inheritance case study example

Our clients had been enjoying their retirement and had significant provisions to fulfil their lifestyle requirements whilst also having put in place adequate plans to cover the potential need for long-term care in their later years.

Having been enjoying more time with their children and grandchildren since their retirement, our clients began to focus upon their accumulated wealth and how they could use this to benefit their loved ones with a focus on tax efficient financial planning whilst ensuring they had sufficient means to care for themselves throughout their lifetime.

Upon appointing PAS Financial Planning we sought to identify the clients’ potential care needs in the years ahead along with an understanding of the prospective cost of implementing such plans. We were able to provide clarity, reassurance and understanding to the possible consequences of gifting assets now along with alternative tax planning options that our clients could consider so as to leave a lasting legacy to their beloved family.