inheritance tax planning and intergenerational planning

Top 5 takeaways

If you couldn’t make it to our seminar on inheritance tax or simply want a recap of the points made, you’re in luck! Below are the top five takeaways from the presentation.


1. The difference between inheritance tax planning and intergenerational planning

There’s an important difference between inheritance tax planning and intergenerational planning. Inheritance tax is logical and prepares your money for your children (and/or grandchildren). Intergenerational planning, on the other hand, is more to do with planning when your beneficiaries will receive the money and why – in other words, preparing your children for the money.

2. A well-designed, thought out process with well-informed input can lead to predictable outcomes.

You can’t predict the future, but you can make reasonable assumptions based on the information that you have. Don’t believe us?

  • Think of a number between 1 and 10
  • Multiply that number by 2
  • Add 8
  • Divide it by two
  • Subtract your original number
  • Convert your number into the corresponding letter of the alphabet (e.g. 1=A, 2=B, 3=C etc…)
  • Now think of a country beginning with that letter
  • Scroll to the bottom of the page…

3.  The gifting conundrum

Giving money to your children can be a concern at any age. This worry can lead to inertia which results in a financial planner’s nightmare – no plan at all. Why not act now whilst you can still have a positive influence on your family rather than wait until it’s too late?

4. Know what you want

A financial plan is useless if you don’t know what you want to gain from it. We use a Character Diamond to understand our clients’ objectives and create their plan accordingly.

5. There are loads of ways to plan… if you know how

For example under current HMRC rules, did you know that you can get up to 40% tax relief on charitable donations left in your will? Or that a discretionary trust can last up to 125 years, providing for several generations. There are plenty of ways to make the most of your money for your loved ones, you just need to know how.


If you would like to learn more about inheritance tax planning, get in touch with one of our friendly experts today on 0808 168 0748 or email


(The country you were thinking of is Denmark)