Philip Leith

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.

I am married and have twins, a son and a daughter, who are now taking their first steps in their chosen careers. Supporting them at this stage has reinforced my belief that good financial habits and thoughtful planning can make a meaningful difference well before the traditional life milestones. It also gives me a very real perspective on the opportunities and challenges faced by young adults as they begin to manage income, savings and longer-term goals.

Outside of work, I have a long-standing interest in sport, particularly football, and I run regularly to maintain my fitness. I also enjoy playing golf and have recently invested in lessons, which has helped me develop my technique and increased my enjoyment of the game.

These pursuits help me stay disciplined, focused and balanced - qualities I value just as highly in my professional life.