| There is still time to prepare before the 2027 changes | Estate planning strategies should reflect your personal circumstances | Early action provides more flexibility and potential options |
With the changes coming into place from 6 April 2027, now is a good time to examine your options. You may need to reassess your estate planning strategy and rebalance your pension and other assets. We can help you decide on the right way forward for you and your loved ones.
Taking income from your pension pots, making gifts to family members such as children or grandchildren, or taking out life insurance to cover the potential IHT bill could be possible courses of action.
However, gifting is not necessarily the right choice for everyone. It is also important to ensure that you have enough money to maintain your lifestyle in retirement.
Choosing the right strategy will depend on your own personal circumstances. We can help you decide what to do.
There’s still plenty of time to act but planning now will mean any alterations to your estate planning strategy are in place well before 6 April 2027.
The sooner you start, the more time you will have to make the right choices for you and your loved ones.
Talk it through…
Wondering what to do next? Get in touch, we can help you with your strategy and support you with the right course of action for you and your family.
Estate Planning is not regulated by the Financial Conduct Authority.
