SJP Gifting
If you’re concerned about the effect that Inheritance Tax (IHT) will have on your estate and the amount of money you’ll be able to pass on to the people and causes you love, a Gift Plan may be an ideal addition to your wealth management strategy.
What is it?
Gifting is a tax-efficient way of creating an investment fund for your beneficiaries and potentially reducing the value of your estate for Inheritance Tax (IHT) purposes.
How does it work?
Our Gift Plan combines an investment bond (either onshore or offshore), with either an absolute or discretionary trust which is controlled by you and benefits those who you want it to.
Our gifting process
Do you need a Gift Plan?
The first question to ask yourself is do you know whom, or what, you want your wealth to be passed on to, either in your lifetime or following your death? If you do, it’s likely our Gift Plan can help your wealth to end up where you want it to be.
None of the funds in a discretionary trust form any part of the beneficiary’s estate while the funds remain in Trust.
The plan can be used for any number of reasons, from making the maximum use of Inheritance Tax (IHT) exemptions, or paying for the costs of education.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. Tax relief is dependent on individual circumstances.
Trusts are not regulated by the Financial Conduct Authority.
Subject to eligibility and HMRC ratification.
Please note that this is not a recommendation, if this is of interest please take advice to see whether it would be suitable for you.
Let us help you find a local adviser
Find a local adviser
Let us help you find your local financial adviser
Find your local financial adviser
Trusts are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.