0345 609 2008Call Chase de Vere to book your free initial consultation
Navigation Search
0345 609 2008

Preserving your estate

We can develop strategies to ensure your assets are distributed according to your wishes, with a focus on reducing tax on wealth passed to your beneficiaries as part of your estate. We can also help you avoid the burden of long-term care costs, an ever-growing threat to estate preservation.

Inheritance Tax planning

Providing for your loved ones after you die is obviously an important issue. Yet, poor planning can cost your beneficiaries many thousands of pounds in Inheritance Tax (IHT). However, it is possible to reduce significantly the amount of IHT your beneficiaries pay, or even pay none at all.

What's the current rate of IHT?

The first slice of every estate which is exempt from Inheritance Tax is subject to the nil-rate band, currently frozen at £325,000.  There are no plans to change this allowance for the foreseeable future. The residence nil rate band (RNRB) continues to be phased in by the Government and is worth an extra £125,000 per person this tax year, rising to £175,000 by 2020-21. For many people, the total value of the IHT-free allowance will then be £500,000 per person; and like the nil-rate band, married couples and civil partners can pass it to one another, so the allowance will be worth £1m to them.

Although the RNRB is good news, it's likely that house values will increase going forward. The result is that many more estates may still become  subject to Inheritance Tax, which is levied at the rate of 40% on the excess over the combined allowance. And certain caveats apply to when the RNRB is applicable – for example it only applies to a residential property you’ve lived in at some stage before your death and must be left to a direct descendant.

So you must plan appropriately, to avoid what could otherwise be a tax bill of thousand's of pounds. 

How Chase de Vere can help

Ensuring first there's a solid foundation for your plan - a solicitor-drafted will - our expertise will give you access to the range of Inheritance Tax mitigation techniques. These range from you making full use of IHT allowances and exemptions and giving away your assets, to using trusts and IHT- efficient investments. We regularly work with solicitors and other types of professional advisers to develop genuinely comprehensive solutions for our clients.

Our service also extends to probate planning, and providing help and advice to family members dealing with the immediate financial upheaval in the event of your death.

Long-term care

By anyone's standards, the care funding system is complex. A bewildering array of options and lack of clear information leave many confused about who pays what and whether they're eligible for State support.

Care fees can be expensive - in fact, tens of thousands of pounds year on year. There are strict criteria on who is eligible for state support so it's important to plan ahead and understand what the impact could be on your finances.We can advise you on your care-funding plan, explain the options available to you, and wherever possible, help you preserve your wealth.

Personal, comprehensive estate plans from Chase de Vere

Your Chase de Vere independent financial adviser is equipped with a wide range of strategies to help you preserve your estate for your loved ones, and to maximise income and assets you may need for long-term care.

Together, we can develop a plan that efficiently organises your financial assets, use insurances to boost financial protection, and is as tax-efficient as possible.

Call us today on 0345 609 2008 or click here and we'll call you back to book your free initial consultation.

The Financial Conduct Authority does not regulate tax advice or estate planning. 


Achieve financial success and retire on your terms

Reserve your place at one of our free seminars


"Thank you to Rachel Sartin for come alonging to a local SAS study day at the RD&E to discuss pensions. She was fantastic! It is certainly a complex subject, but she managed to get across the issues clearly and succinctly and answered the many questions comprehensively. The feedback from her session was excellent from all the delegates and the SAS doctors were most impressed with the content and the quality."

Lauren Barker - Royal Devon & Exeter NHS Foundation Trust, March 2015