Transferring wealth

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Depending on your financial situation it maybe that you want to pass money over to your Children or grandchildren in your lifetime to help with School fees, getting them onto the property ladder or just helping with a significant purchase such as a car or family holiday.
All of these will have tax implications but Liberty are able to help you find the most tax efficient way of achieving your financial goals.


We help our clients through the process using a series of family workshops and consultations. By including your children in the process they become aware how wealth can be distributed and retained down the generations.

Analysis & research

If you decide you wish to continue with the advice process, we will conduct a comprehensive review of your existing arrangements in line with your stated objectives. This may mean contacting existing product providers to establish the exact type of plan you have, its benefits, costs and objectives.

Recommendation & implementation

After completing thorough research, we will meet again to discuss our recommendations to support your current and future objectives.

Transferring wealth services

Estate planning & inheritance tax planning

Transferring your hard-earned wealth as completely as possible to the next generation is a top priority for many people, and needs careful planning. With good advice it’s possible to retain assets through many generations. The key is understanding Inheritance Tax liability and the reliefs and tools available to reduce its impact on your estate. With a structured plan from your Liberty adviser, you should be able to maintain and distribute your estate to your loved ones. We can also include the younger generation in our Liberty Next programme, so you know that they are receiving the best advice on which to base good financial decisions, which aims for this wealth to last well into the future.

Wills & trusts

Making a Will won’t kill you! Some people seem to think it will and avoid it at all costs. But it’s the key to distributing your estate exactly as you want to, and in as tax-efficient a way as possible. The first step is to review any Will you already have with your Liberty adviser, who will then sensitively talk through your wishes. Next we will look at how Inheritance Tax might affect your loved ones, as well as gifting ahead of time and giving to charities. If you decide to put your money into a Trust you will need professional advice and we can point you in the right direction. Finally we help you consider appointing Lasting Powers of Attorney to look after your affairs, giving you complete peace of mind.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.

Powers of Attorney and Will writing involve the referral to services which are separate and distinct to those offered by St. James’s Place and along with Trusts are not regulated by the Financial Conduct Authority.

Tim and Teresa Howell
“Liberty make it a priority to really understand the personal and financial requirements of their clients. Lee and his team look after three generations of our family, bringing their professionalism, integrity and experience to bear in ensuring we have the right financial solutions both now and in the future. We highly recommend Liberty to anyone who wants trusted advice and insightful support from friendly people who really want the best for their clients.”
Tony Philips
“Investing through St. James’s Place, together with advice from Lee Devonald at Liberty, my wife and I feel our finances are in excellent hands. If our children should need to access our funds to pay for our care, it is comforting to know that this can be done quickly, and that Lee and his team will know the best way to proceed.”


Growing wealth

Investing your hard-earned wealth involves an important discussion and consultation process with one of our qualified advisers. We will assess your finances, agree your short, medium and long term goals and then invest accordingly.

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.

Acquiring wealth

Depending on your age and life-stage, creating wealth can mean different things, however the sooner you start saving the better. You may want to pass money onto your children or even start a savings plan for a grandchild, it is never too soon to start tucking a little away.

Family succession services

Our experience has shown that transferring wealth from one generation to the next can be a rewarding undertaking if it is well thought through and strategically undertaken. Liberty Next is well versed in the challenges that go hand-in-hand with wealth succession.

Preserving wealth

Every client’s situation will be unique, however, there are a number of areas we will need to look at to protect your hard earned assets such as a well written Will, understanding any Tax liabilities such as Inheritance Tax.

Will writing involves the referral to a service that is separate and distinct to those offered by St. James's Place. Wills are not regulated by the Financial Conduct Authority.

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