With more families than ever falling into the Inheritance Tax net, it’s never been more important for solicitors and independent financial planners to work hand in hand.
The nil-rate band (£325,000) and residence nil-rate band (£175,000) remain frozen until at least 2028. Meanwhile, rising property prices and investment growth continue to push estates above these thresholds — even for clients who may not consider themselves ‘wealthy’.
At Celtic Financial Planning Ltd, we regularly support mutual clients with proactive estate planning strategies, including:
- Utilising annual gifting allowances
- Establishing and reviewing trusts for long-term wealth preservation
- Placing life assurance in trust to cover known IHT liabilities
- Charitable gifting and legacy planning
- Business Relief qualifying investments for eligible clients
What makes this powerful is when our financial planning advice complements the legal work being done on wills, trusts, and estate administration. For example, ensuring assets pass tax efficiently, trusts are structured to reflect personal wishes, and financial planning strategies don’t conflict with legal arrangements.
We’re always happy to work alongside solicitors to help ensure that clients receive a joined-up, holistic service that genuinely puts their needs — and their families’ futures — first.
🤝 Let’s Work Together
If you’d like to explore how we can collaborate on client estate planning matters, whether by informal chat or formal referral, please do get in touch.
📞 Robert Lewis, Chartered Financial Planner
📧 hello@celticfp.co.uk
