Blog

Intergenerational wealth planning: Your options when passing on wealth to the next generation

26/07/23

Ensuring your family is financially secure for the long term is a common goal. If it’s one of your priorities, intergenerational wealth planning could help you create a plan that suits you and your loved ones.

There’s more than one way to pass on wealth to your family. Each option has advantages and drawbacks that you need to weigh up to understand what’s right for you and your beneficiaries. This useful guide covers three main options:

  1. Gifting assets during your lifetime
  2. Using a trust to pass on wealth
  3. Leaving an inheritance

The guide also explains some of the key things you need to consider before you pass on wealth. For instance, if you gifted assets now, could you face financial insecurity later in life? Or could your estate be liable for Inheritance Tax when you pass away?

You can also read about the benefits of involving your family in the financial planning process. From facilitating money conversations to helping you identify tax allowances you could use, it may help your wealth go further.

Download your copy of ‘Intergenerational wealth planning: Your options when passing on wealth to the next generation’ now to read more about creating a plan that suits your family.

It’s never too soon to start thinking about how you want to pass on wealth or who you want to benefit from your assets.

If you have any questions about intergenerational wealth planning, please contact us.


    Click here to read our privacy policy.


      Click here to read our privacy policy.

      Annetts & Orchard is a trading name of Annetts & Orchard Ltd. We are authorised and regulated by the Financial Conduct Authority. You can find Annetts & Orchard Ltd on the FCA register (FCA number 820272) by clicking here. Registered in England & Wales (11503291).

      Please note that the value of investments may go down as well as up and investors may get back less than they invest. Where these pages refer to investment performance it should be remembered that past performance is not a reliable indicator of future performance. 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.

      Click here to read our privacy policy | cookie policy