Nicola Ruohonen

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.

My clients are at the very heart of my advice service. Together we shape a bespoke plan, personalised to their specific objectives, which evolve over time as priorities change. I make complex subjects clear and comprehensible, so informed and important decisions about one’s wealth can be made throughout life’s exciting and sometimes unpredictable journey.

Hampshire based most of my life, having also lived in London and Australia. Outside of work, my biggest lifelong passion is travel and experiencing new cultures, landscapes and cuisines. At the weekend, I enjoy socialising with friends and family, especially over meals out and dinner parties. I am a keen cook, and love trying new recipes, and also sticking to our family favourites.

Hobbies include putting my ‘gold’ rated mystery diner status to use and keeping active via walking, yoga and the gym. I also have an interest in property development, having done several refurbishments over the years, utilising the tax benefits of the limited company I set up.

As a mother of two very active tweenagers, I fully appreciate life is busy, so I am happy to offer meetings out of hours, and also face to face for those local. Please get in touch to arrange a no obligation initial appointment, whereby I will talk through your finances, objectives and next steps. I look forward to hearing from you!