Expert Guidance for High-Net-Worth Individuals
For high-net-worth families, estate planning is about more than distributing assets. It’s a proactive designed to preserve wealth, that could reduce tax exposure, and ensure your legacy benefits the people and causes you care about.
International estate planning is especially important for clients with assets in multiple countries, as it helps manage cross-border tax laws, offshore trusts, and cultural considerations. Managing assets in foreign jurisdictions presents unique challenges, requiring coordinated planning to comply with different legal, tax, and cultural frameworks. Additionally, planning for care home fees is a crucial part of a comprehensive estate plan, helping to manage and potentially reduce future costs while safeguarding inheritance for loved ones.
Key Challenges for HNW Individuals
- Inheritance Tax (IHT): Estates above the nil-rate band (£325,000, plus the residence nil-rate band where applicable) can face a 40% tax charge.
- Complex Assets: Shares in private companies, investment portfolios, overseas property, family businesses, and other assets such as collectibles or intellectual property require careful structuring and special planning to avoid unexpected liabilities.
- Cross-Border Considerations: Non-domiciled status, dual citizenship, and foreign investments often trigger multiple tax regimes.
Our Tailored Approach
- Comprehensive Wealth Review: Your estate planner will analyse all relevant property, business interests, trusts, and investments to map potential IHT exposure.
- Tax-Efficient Structures: We implement strategies such as Family Investment Companies, discretionary trusts, lifetime gifting, and Business Relief that could reduce or defer tax.
- Succession & Control: Our plans can preserve decision-making power for founders while transferring value to the next generation.
- Ongoing Monitoring: As legislation and family circumstances evolve, we revisit your plan to keep it effective and compliant.
Why High-Net-Worth Clients Choose HeirPlan
- Specialist UK Expertise – deep knowledge of IHT rules, cross-border tax, and HMRC compliance.
- Discreet & Confidential – wealth planning handled with the highest level of privacy.
- Integrated Service – our team of professionals includes solicitors, tax specialists, and investment advisers, collaborating for seamless execution.
