Mike Forrest

Have you considered the importance of estate planning?

Many people don’t realise that inheritance tax (IHT) can apply once your estate goes over £325,000, although some people may also benefit from an additional residence nil rate band when passing on a home to direct descendants. This includes property, money, investments, and everyday belongings, and from April 2027, unused pension savings may also form part of your estate for inheritance tax. This can affect how much of your wealth is ultimately passed on to the people who matter most.

Estate planning helps ensure your wishes are followed and that as much of your estate as possible passes to the people you choose. However, the rules around inheritance tax can be complex and lots of people don’t understand how allowances apply or what their tax position will be.

That’s where I can help. I can help you to get a clear picture of the value of your taxable estate, explore ways to manage or reduce any tax liability and put a long-term plan in place that fits your goals and circumstances.

If you’d like to take control of your legacy, let’s talk about how I can support you.

As a self-employed Certified Financial Planner and a Chartered Wealth Manager, I deliver tailored, comprehensive financial solutions to meet my clients' unique needs. Before I joined Quilter Financial Advisers, I built a distinguished career as a Chartered Accountant and Chartered Tax Adviser, with over two decades of experience in financial leadership, strategic business planning, and tax advisory.

My experience spans senior roles in private equity, project finance, and fund and asset management. I have led teams providing financial and asset management services to portfolios exceeding £1 billion, delivering innovative solutions across diverse industries. My diverse background enables me to address each client’s circumstances and provide the clarity and confidence they need to successfully navigate their financial journey.

I am a Fellow of the Chartered Institute of Securities and Investments, holding the Investment Advice Diploma and Diploma in Advanced Financial Planning (Level 7). I am also a Fellow of ICAEW, CIOT, and CIMA. My academic credentials include a Doctorate in from Heriot-Watt University (specialising in tax and strategy), a PgDip from the University of Oxford, Saïd Business School, and an MA (Hons) from the University of Glasgow.