Stephen Higgins

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 main area of expertise is retirement planning, where I specialise in helping clients by reviewing their existing pension plans to ascertain if they are in the right place for them with a view to helping build them up to help fund their retirement. I then keep them under regular review to ensure their continued suitability and also assist those looking to access their pensions at or close to their retirement.

I look to provide information in a clear, concise and easy-to-understand way and have access to a range of products from a number of market-leading providers.