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Estate planning advice

Worried about Inheritance Tax (IHT) eating into your estate? We’ll help you leave more to those you love most.
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Specialist Financial Advisers from Wesleyan Financial Services can offer tailored advice on all aspects of estate planning, including:

  • Working out the value of your estate
  • Minimising your Inheritance Tax liability
  • Setting up trusts
  • Putting your plan into action

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Where do you want your wealth to go?

Estate planning  is about making sure that all the things you own – whether it’s property, savings or investments – are passed on in line with your wishes when you die.

Without a proper plan, you could be leaving a big Inheritance Tax burden behind. Watch our video to see how we can help.

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Please note The Financial Conduct Authority does not regulate Inheritance Tax planning and trusts.

Tax treatment depends on your individual circumstances and may be subject to change in future.

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Minimise your Inheritance Tax liability with estate planning

Inheritance Tax can take a huge chunk out of the value of your estate. Anything above the threshold (or Nil Rate Band) of £325,000 could be taxed at 40%.

There are ways to help minimise Inheritance Tax. These could include:

  • Making gifts to family and friends before you die
  • Setting up a trust fund for those you want to benefit from your estate
  • Putting your life and pension policies into a trust so they’re not included as part of your overall estate.

A Specialist Financial Adviser from Wesleyan Financial Services can advise you. If you’d like to learn more before getting advice, you can read our guide to Inheritance Tax.

Why choose us for estate planning advice?

Financial advice tailored to your profession and needs

When you meet with a Specialist Financial Adviser from Wesleyan Financial Services, you can expect personalised advice from somebody who understands the demands of your profession. 

We’ll pair you with a Specialist Financial Adviser dedicated to your sector, who can assess your financial needs and goals and provide tailored solutions. That means they can also assist with any queries around how and when to pass your business on, as well as your personal estate.

Helping plan your financial future today

Through a full review of your finances, we help you assess how you can start reducing your Inheritance Tax liability now, while ensuring you have enough funds to live comfortably on in later life.

With estate planning, it’s always important to consider your future expenses, like the potential cost of care as you get older. If you tie all your money up in trust funds or give it all away as gifts to avoid Inheritance Tax, you could leave yourself short of the funds you need in retirement.

It’s a tricky balance, but one we can help you achieve.

Sell or pass on your business in a tax efficient way

If you're a doctor or dentist with a share of the ownership in your practice, have you considered what happens to it when you die?

Our Specialist Financial Advisers will talk you through the options available. They can cover everything from exit strategies that maximise the financial benefits of selling your business, through to succession planning and tax-efficient ways to pass on your share to limit the amount of IHT payable.

When you meet with a Specialist Financial Adviser from Wesleyan Financial Services, you can expect personalised advice from somebody who understands the demands of your profession. 

We’ll pair you with a Specialist Financial Adviser dedicated to your sector, who can assess your financial needs and goals and provide tailored solutions. That means they can also assist with any queries around how and when to pass your business on, as well as your personal estate.

Through a full review of your finances, we help you assess how you can start reducing your Inheritance Tax liability now, while ensuring you have enough funds to live comfortably on in later life.

With estate planning, it’s always important to consider your future expenses, like the potential cost of care as you get older. If you tie all your money up in trust funds or give it all away as gifts to avoid Inheritance Tax, you could leave yourself short of the funds you need in retirement.

It’s a tricky balance, but one we can help you achieve.

If you're a doctor or dentist with a share of the ownership in your practice, have you considered what happens to it when you die?

Our Specialist Financial Advisers will talk you through the options available. They can cover everything from exit strategies that maximise the financial benefits of selling your business, through to succession planning and tax-efficient ways to pass on your share to limit the amount of IHT payable.

Leave more behind for the people you love

Book an appointment with a Specialist Financial Adviser to find out how you can protect your assets from Inheritance Tax. 

Alternatively, call us free on 0808 149 9416 or request a call back to speak to a member of our team.

Frequently asked questions about appointments 

You'll only pay an advice fee if you decide to take out one of Wesleyan’s products or services as a result of your appointment. Specialist Financial Advisers from Wesleyan Financial Services will often make a recommendation for you, but there’s absolutely no obligation for you to take out any Wesleyan products.
To make the most of your time with your Specialist Financial Adviser, it can be handy to gather any information or documents relating to your finances. This can help to give your Specialist Financial Adviser an understanding of your assets and liabilities.

You may also be asked to complete a Financial Outline. This enables your Adviser to tailor your appointment to you, your circumstances and your future goals. If you don't complete it beforehand, you’ll need to do so as part of your appointment.
An initial meeting with a Specialist Financial Adviser will typically last around one hour, though it does depend on the complexity of your circumstances. Often the Specialist Financial Adviser may arrange a second meeting with you to present any recommendations.

Still have questions about estate planning and IHT?

Improve your understanding of the key issues by registering to watch our free webinar , or reading the comprehensive guides below.  

How to plan your estate

Find out what estate planning is, how to go about it, the benefits for your loved ones, and why everybody needs an estate plan.

How does inheritance tax work?

Learn all about inheritance tax (IHT) with our comprehensive guide, including what it is, how it's calculated and how you could potentially reduce your liability.