Inheritance Tax

Everyone wants to leave the strongest possible legacy for their loved ones. Our Financial Planners can help you to do exactly that.

Passing on wealth

Imagine this. You’ve spent your whole life working hard. You’re ready to share your wealth with your nearest and dearest. Just before they can benefit, most of your money gets taken away.

It’s not uncommon for successful people like you to face a similar situation, but our Inheritance Tax experts are here to help. We’ll make sure you and your loved ones don’t lose out.

Financial Planners who really, actually care
We’ve worked hard to build a dedicated team of people who share our values of being supportive and going the extra mile for our clients. Your happiness is our priority, and we’re committed to helping you find it.
Jargon-free advice you can depend on
Tax is complicated, but that doesn’t mean it needs to be confusing. Our Financial Planners pride themselves on being able to simplify the complex, so that you’re clear about which steps you should take next.
Years of experience, countless happy clients
People like you, from Yorkshire and up and down the country, have trusted our expertise since 1984. Each of our Financial Planners is highly qualified and experienced, so you know you can count on us.

How we help

“I want to know if Inheritance Tax will affect me”
The threshold for paying Inheritance Tax (IHT) changes regularly. Whether or not IHT applies to you depends on your income, but if you’re self-employed or own a business, that figure isn’t always clear-cut. Whatever your circumstances, we’ll provide the answers you need.
“I’d like to avoid paying more tax than necessary”
We’ve helped hundreds of satisfied clients to better understand their IHT position. We’d love to do the same for you. We’ll review your financial position and discuss who should inherit your wealth. Then we’ll put a watertight plan in place to deliver on your wishes.
“I’m not sure I’ve got the right measures in place”
Understanding IHT is an important part of passing on wealth successfully. But there are other things to consider as well. As our client, you’ll see the big picture, and get expert support in putting in place documents like Wills and Lasting Powers of Attorney.
“I’m nervous about dealing with Financial Planners”
It’s not easy to think about what’ll happen after you die. Talking to someone about your finances as part of that can be equally nerve-racking. Rest assured that all our Financial Planners will put you at ease whenever you meet them, with friendly, unfussy advice and guidance.

What clients say

Since 1984, we’ve been delighting clients with our honest, empathetic approach to financial planning. But don’t just take our word for it. Here, you’ll find feedback and comments from PenLife clients in their own words. See for yourself what they say about their experience with us.

View all
99.510%

of clients were satisfied that we understood their needs, aims, and objectives

94.900%

of clients believe that working with us has helped or will help them achieve their financial goals

93.170%

would recommend us to their friends, family, or colleagues

Our process

Without the right care and consideration, financial planning can leave you feeling overwhelmed. That’s why we created a straightforward, four-step approach to remove any uncertainty and help you make the most sensible decisions.

Tell me more
Initial consultation

The most important part of the process is the first meeting. This gives you the opportunity to meet us and ask any initial questions you may have. It also gives us the chance to learn more about you, including your life goals and financial aims and concerns. At the end of this meeting, you’ll be more aware of your options, how we might be able to help you, and what the next steps could be.

Full financial review

Sometimes, this stage will follow on directly from the initial discussion. In other cases, it’ll be a separate meeting. We’ll gather all your personal and financial details to help us understand your present position. If existing plans are in place, we’ll write to the relevant companies to ensure we have the information required to confirm your options, make our suggestions, and formulate a plan.

Ongoing service

If you decide to proceed with our recommendations, we’ll deal with any applications and transfers on your behalf, so you don't need to worry about a thing. Going forward, we’ll get together at your convenience for annual reviews, giving you the opportunity to let us know of any changes or planned changes to your personal circumstances. We’ll also review your plans to ensure they still meet your needs and are on track.

Presentation and recommendation

Once we’ve gathered everything we need and reviewed your overall circumstances, we’ll invite you back for a further meeting. Here, we can talk you through your current arrangements, put forward any recommendations we have, and explain how they fit into your plans. You’ll be provided with a report detailing our recommendations in full.

Our process

Without the right care and consideration, financial planning can leave you feeling overwhelmed. That’s why we created a straightforward, four-step approach to remove any uncertainty and help you make the most sensible decisions.

Tell me more
1. Initial consultation

The most important part of the process is the first meeting. This gives you the opportunity to meet us and ask any initial questions you may have. It also gives us the chance to learn more about you, including your life goals and financial aims and concerns. At the end of this meeting, you’ll be more aware of your options, how we might be able to help you, and what the next steps could be.

2. Full financial review

Sometimes, this stage will follow on directly from the initial discussion. In other cases, it’ll be a separate meeting. We’ll gather all your personal and financial details to help us understand your present position. If existing plans are in place, we’ll write to the relevant companies to ensure we have the information required to confirm your options, make our suggestions, and formulate a plan.

4. Ongoing service

If you decide to proceed with our recommendations, we’ll deal with any applications and transfers on your behalf, so you don't need to worry about a thing. Going forward, we’ll get together at your convenience for annual reviews, giving you the opportunity to let us know of any changes or planned changes to your personal circumstances. We’ll also review your plans to ensure they still meet your needs and are on track.

3. Presentation and recommendation

Once we’ve gathered everything we need and reviewed your overall circumstances, we’ll invite you back for a further meeting. Here, we can talk you through your current arrangements, put forward any recommendations we have, and explain how they fit into your plans. You’ll be provided with a report detailing our recommendations in full.

Meet the team

When you’re seeking help with something as important as your finances, you’ll want to deal with people you can rely on. Choose PenLife, and you’ll get expert service, delivered with a smile, at every stage of your journey with us. Read on to find out more about what makes us tick.

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