Estate Planning
Protect Your Legacy and Minimise Inheritance Tax
Careful estate planning ensures your assets are passed on according to your wishes while minimising unnecessary taxes. With expert guidance, you can structure your estate efficiently, protect your beneficiaries, and plan for cross-border considerations if you live abroad.
Our approach helps you create a plan that safeguards your legacy and provides peace of mind for you and your loved ones.
Key Considerations for Estate Planning
A comprehensive financial plan gives you a clear roadmap to achieve your goals. From understanding your current situation to implementing the right strategies, these five steps guide you through the process.
UK Domicile Status
Determine whether you are considered a UK-domiciled individual, as this affects your inheritance tax obligations.
UK IHT Liability
Understand any inheritance tax (IHT) you may owe in the UK on your estate.
IHT in Your Country of Residence
Consider whether your new country of residence imposes inheritance taxes on your estate.
Beneficiaries’ Tax Liability
Check if your beneficiaries will face inheritance taxes when receiving funds in their country of residence.
Gifting Before You Die
Plan gifts from your estate while you’re alive to help minimise potential inheritance taxes.
Life Insurance Protection
Consider life insurance to cover any inheritance tax liabilities and protect your estate.
Common Estate Planning Questions
Estate planning can be complex, especially for expats or those with assets across multiple countries. Below are answers to some frequently asked questions to help you navigate inheritance tax (IHT) and protect your legacy. Click each question to reveal more.
I’ve Lived Offshore for Years. Am I Exempt From Inheritance Tax in the UK?
Even if you’ve lived outside the UK for many years, you may still be liable for UK inheritance tax. HMRC determines liability based on your domicile status. Factors like your father’s birthplace, ties to the UK, or burial plans can influence this. You can only be considered “non-dom” once deceased, making proactive planning essential to avoid surprises for your beneficiaries.
Will I Have an IHT Liability in My Country of Residence Too?
Many expats are surprised to learn they can face inheritance tax both in the UK and in their country of residence. Some countries enforce automatic asset division among heirs, while others have no IHT at all. Understanding the succession laws in both your residence and domicile countries is critical to ensure your loved ones receive what you intend.
What Can I Do To Protect Against IHT?
There are several strategies to reduce or manage IHT, including gifting assets during your lifetime, establishing trusts, creating a will, or taking out life insurance to cover potential liabilities. Charitable donations can also be part of an effective estate plan. Comprehensive planning ensures your estate is protected and your legacy preserved.
Protect Your Legacy Today
Ensure your estate is structured efficiently and your loved ones are taken care of. Our experts can help you minimise inheritance tax, set up trusts, and create a plan tailored to your circumstances. Fill out the form below to get personalised guidance and take the first step toward a secure future.
What does the obligation free call include?
An initial 15-minute introduction call explaining our services and how we can help.
We go through a fact-finding exercise so we can then provide a full financial planning report including a personalised retirement forecast with future projections and work out how on track you are.
Lastly, we will provide a recommendation on any areas where we feel you could improve.
Who is SJB Global and meet your adviser
Our regulations, Independence and Fees
Our process from start to finish
Area we help with including:
UK Pension Advice
Retirement Planning
Investment Planning
Tax Planning
US Expat Services
International Estate Planning
Note: Minimum managed assets for SJB Global is £100,000 or currency equivalent.
Licensing & Regulations
Nexus Global specialises in providing a regulatory platform and compliance support to international financial advisers and intermediaries to enable them to meet regulatory requirements to provide their clients with a professional service. The financial advisers trading under SJB Global are members of Nexus Global. Nexus Global is a division of Blacktower Financial Management (International) Limited (BFMI). All approved members of Nexus Global are appointed representatives of BFMI. BFMI is licensed and regulated by the Gibraltar Financial Services Commission (FSC) and bound by the rules under licence number 3647: http://www.fsc.gi/regulated-entity/blacktower-financial-management-international-limited-3647.