Estate Planning & Inheritance Tax
You’ve worked hard to build your wealth. We’ll help you make sure it reaches the people and causes you care about — not just HMRC. At Transform, we help individuals, families and business owners plan ahead, reduce inheritance tax (IHT), and ensure your legacy is passed on with clarity, control, and minimal friction. Scroll down to find out more.
What We Do
Our Smart Approach to Inheritance Tax & Estate Planning
Without a solid plan in place, inheritance tax (IHT) can chip away at your estate, leaving your loved ones with less than you intended. At Transform FP, we believe that thoughtful inheritance tax and estate planning should be a key part of your overall financial strategy. Our personalised approach ensures that your legacy is preserved and passed on efficiently, reducing the tax burden on your family and ensuring your wishes are honoured.
What We Do for Individuals & Families
✔ Review or create a clear, up-to-date Will.
✔ Minimise your tax liability with structured gifting, trusts, and allowances.
✔ Protect vulnerable beneficiaries and reduce the chance of family disputes.
What We Do for Business Owners
✔ Structure a smooth succession or exit strategy.
✔ Secure Business Relief and avoid unnecessary IHT on shares or property.
✔ Coordinate your personal and business assets under one cohesive plan.
Why It Pays to Plan Early
Inheritance tax planning is often left too late — and it can cost families dearly. We’ve seen families lose significant wealth simply because the right conversations didn’t happen soon enough. Our job is to make sure that doesn’t happen to you!
The Silent Erosion of Your Wealth:
- Estates over the IHT threshold (£325,000 for individuals; up to £1m with allowances) can face a 40% tax charge on the excess.
- Many people don’t realise that property, savings, pensions, and business assets are all included.
- Without planning, large parts of your estate may go to HMRC instead of your family.
Common Pitfalls We Help You Avoid
We’ve seen families lose significant wealth simply because the right conversations didn’t happen soon enough. Our job is to make sure that doesn’t happen to you.
Here are some common mistakes we see:
Underestimating Tax Liability
A common mistake is underestimating your inheritance tax liability. Many people don’t realise how much tax their estate could face or assume they are below the threshold when they’re not.
No Will
Another frequent issue is not creating or updating a Will. Without one, your wealth may not be distributed the way you intend, and your family could end up paying more in taxes than necessary.
Business Succession Planning
Business owners often struggle with succession planning, which can lead to financial strain on the business or higher taxes for heirs.
Our Holistic Approach
How Estate Planning Fits Into Your Overall Financial Plan
At Transform, we take a holistic approach. Inheritance tax and estate planning are not separate from the rest of your financial plan—they’re a crucial part of the bigger picture. We ensure that your estate plan works in harmony with your overall financial strategy, including tax planning, retirement planning, and financial protection.
Our Integrated Approach Includes:
✔ Tax Planning: We structure your estate to reduce tax liabilities, ensuring your family benefits as much as possible.
✔ Retirement Planning & Pensions: We align your retirement plan with your estate plan, ensuring any unused pension funds are passed on efficiently and tax-effectively.
✔ Financial Protection: We safeguard your estate with life insurance and other protection policies to cover potential tax liabilities.
What Makes Us Different
What You Can Expect Working With Us
Our expertise in estate and inheritance tax planning will help you:
✅ Understand what inheritance tax means for your situation — with no jargon or scare tactics.
✅ Create a clear plan that reflects your values, not just your assets.
✅ Keep that plan under regular review as your circumstances evolve.
We’re here to listen, explain, and advise — and to make a complex topic feel manageable, even empowering.
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of our clients think that working with us has helped or will help them achieve their financial goals.
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of our clients said they were satisfied that we understand their needs, objectives and goals.
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of our clients would recommend us to their friends or family – and all said they have done so already!
Real Clients. Real Stories.
FAQs
What Is Estate Planning?
Estate planning is the process of organising your financial affairs to manage and distribute your assets during your lifetime and after death. In the UK, effective estate planning ensures your wishes are honoured, your loved ones are cared for, and your tax liabilities are minimised.
Do I need a Financial Planner for Estate Planning?
A financial planner evaluates the tax implications of your estate and aims to minimise the financial burden on your heirs. Their holistic approach ensures peace of mind for you and security for your beneficiaries.
How much information do I need to disclose?
To create a thorough plan, we’ll need as much information as possible to understand the full scope of your estate. The more we know, the better we can tailor your plan.
What happens if I can’t find all my financial information?
We’ll assist you in tracking down any missing information by contacting providers.
Am I Liable to Pay Inheritance Tax?
If you’re married and leaving your home to your children, estates over £1 million may need additional planning. For singles, anything over £325,000 could incur inheritance tax.
What’s the benefit of setting up a trust for estate planning?
Trusts allow you to control how your assets are distributed, reduce inheritance tax, and provide protection for vulnerable beneficiaries or children.
Ready to Protect Your Legacy?
Inheritance tax doesn’t have to be inevitable — and your estate shouldn’t be left to chance.
Book a discovery call today and let’s start building a plan that honours your wishes, protects your family, and makes the most of what you’ve worked hard to build.
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Transform Financial Planning (FP) is a trading style of Bridge Investments Partners Ltd. Bridge Investments Partners Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/ under reference no. 608975.
Registered in Scotland. Company Number: SC456760. Registered Address: 19 Monktonhall Place, Musselburgh, Scotland, EH21 6RR.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Regulations, levels and bases of taxation are subject to change. The value of your investment can go down as well as up and you may not get back the full amount you invested.
The Financial Conduct Authority does not regulate Inheritance Tax Planning, Business Planning, Will Writing, Taxation and Trust Advice. The firm is not responsible for the content of external links. The content is aimed at UK residents or residents of MiFID countries. See our Website Terms of Use.
Making a Complaint
If you wish to register a complaint, please email hello@transformfp.com or write to us at Transform FP, Compliance Officer, 129-131 Comely Bank Road, Edinburgh, EH4 1BH UK, or telephone us on 0131 315 222.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4567.
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