Leaving money to your loved ones matters deeply, but navigating Inheritance Tax can feel complicated and overwhelming. See how we help you pass on your wealth tax-efficiently while maintaining the lifestyle you deserve today.
Leaving money to loved ones is important, yet Inheritance Tax (IHT) can steal away a significant share of your estate. IHT rules are complex and change frequently, making it difficult to know what steps will genuinely help – but careful planning can help to reduce the impact.
When you work with us, we’ll assess your position, explain the applicable allowances and reliefs, and design strategies such as gifting, trusts, and tax-efficient investments. The result is a structured plan to pass on more of your wealth to the people who matter, in the way you choose.
Our job is to calculate the likely value of your estate and compare it with current thresholds and allowances. This gives a clear view of whether Inheritance Tax is a concern, and how large any potential bill may be.
Lifetime gifting can reduce future tax, but it’s only viable if it’s affordable. We review your cash flow and reserves carefully, helping you decide what you can give away without affecting your lifestyle.
There are several exemptions and reliefs available, yet these often go unused. Together, we’ll patiently review each option and build the relevant ones into your plan, to ensure nothing valuable is overlooked.
Trusts can offer control and tax benefits, but only when used correctly. As part of our planning, we’ll discuss the pros and cons, then recommend structures that match your wishes and provide enough flexibility.
Certain investments may qualify for Business Relief or other benefits. As with everything else, we assess your suitability carefully, and only recommend options that align with your risk level and wider objectives.
Tax rules and family circumstances are always changing. Whenever we meet or talk, we’ll review your arrangements and adjust strategies as needed, keeping your estate plan effective at all times.
Getting your entire personal and financial life in order with the help of a professional sounds complicated. But it doesn’t have to be, when you follow our simple step-by-step process.
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Whether it’s phone, email or via our website, get in touch – we’re here to help.
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A member of our team will call you to find out more about your circumstances and understand what you need help with.
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If we establish that we can help you, we’ll explain how we work, the fees involved, and the next steps.
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Our first meeting is at our cost. While there’s no obligation to proceed, it’s important that we both arrive at the meeting knowing there could be value in us working together.
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After our first meeting, we’ll send you a clarification letter to confirm the proposed work and the benefits of this to you.
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During this, we’ll discuss our initial findings, and spend time adjusting the cashflow modelling to ensure all your future aspirations are correctly reflected in the work we’re doing.
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Following on from our cashflow meeting, we’ll get to work on finalising your bespoke financial planning report.
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After presenting your financial plan, we reach a “fork in the road.” For many clients, the journey will continue as you’ll want Bluesky to implement the actions outlined in the financial plan
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Putting a plan in place is a great start, but things will change and your plan will need to be reviewed regularly.
When you’re trying to choose which financial planning firm to work with, there’s no substitute for hearing from others pleased with their decision. Here’s what some of our valued clients have to say about us.
Helping your clients reach their ideal destination in life starts with being better informed. That’s why we’re so happy to freely share our expertise for you to use and enjoy.
Chartered Financial Planners serving Reading, Berkshire, and the Thames Valley. Bluesky Chartered Financial Planners is a trading style of Bluesky Financial Planners Ltd which is authorised and regulated by the Financial Conduct Authority under reference 914561. Bluesky Financial Planners Ltd is registered in England & Wales No. 11936113. Registered Office: The Barn, Hatch Farm, Mill Lane, Sindlesham, Reading, RG41 5DF.
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details can be found by clicking here. The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. The FCA does not regulate tax or estate planning.
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