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Jessica Tivey is a financial planner at a boutique firm in London that specialises in high net worth clients. Octopus Investments sat down with her to discuss her experience of recommending Business Relief (BR) to clients planning for inheritance tax.
In this interview you’ll find out:
- How advising on BR supports Jessica’s business and adds value to clients.
- The types of clients where she recommends BR.
- Her advice to other advisers who don’t currently recommend it.
Watch the video >>
How Business Relief could support planning for suitable clients
For clients considering their estate planning and how to pass on wealth to loved ones, a BR-qualifying investment could be a solution. Take a look at the scenarios below where we introduce some client examples and demonstrate how a BR-qualifying investment could be right for them.
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Retaining access to capital
Carol is worried about giving away capital in case she needs it further down the line.
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When a power of attorney is in place
Barbara and Malcom’s estate planning options are constrained by a power of attorney, as traditional planning methods like gifting or trusts are challenging.
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It’s not too late
Now in his 90s, Harold is concerned he’s left it too late to plan for his estate.
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Explore a range of planning scenarios to help you spot clients >>
Key risks to keep in mind:
• The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
• Tax treatment depends on individual circumstances and tax rules could change in the future.
• Tax relief depends on portfolio companies maintain their qualifying status.
• BR-qualifying shares are by their nature high risk, their share price may be volatile and they may be hard to sell.
BR-qualifying investments are not suitable for everyone. This communication does not constitute advice on investments, legal matters, taxation, or any other matters.
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