Passing on a Legacy

How Verus Helped Tim and Sue Plan for Their Family’s Future

Meet Tim and Sue

Meet Tim and Sue – a hardworking couple who wanted to ensure their children and grandchildren would benefit fully from their hard-earned money and assets. They were concerned about the potential Inheritance Tax bill and wanted to reduce it in order to increase the inheritance for their loved ones.

The “Eureka” Moment

Tim and Sue approached Verus seeking advice on how to reduce their potential inheritance tax bill. Verus took the time to listen to their hopes and aspirations and identified their needs and objectives. They explained their options clearly and guided Tim and Sue through each step.

A Clearer Path Forward

Thanks to Verus’ valuable advice, Tim and Sue could proceed with several recommendations that have already, and will continue to, benefit their loved ones in the future. Verus recommended gifting capital to their children, which allowed their eldest to take their grandchildren on holiday to Disneyland and helped their youngest with her wedding costs. Verus also suggested setting up a trust for their grandchildren’s education fees and regularly gifting into a Junior ISA for each grandchild.

In addition, Verus assisted Tim and Sue with setting up an ISA that invested in IHT-exempt assets and updated their Will to make it IHT-efficient. They were able to donate to a charity that was close to their hearts while saving income tax and allowing the charity to claim tax back. Verus also ensures that Tim and Sue’s investments meet their needs through regular annual meetings.

What We Achieved

Thanks to Verus’ ongoing support and friendly and helpful advice, Tim and Sue can rest assured that their hard-earned money and assets are being utilised in the best possible way to benefit their loved ones.

Tim and Sue Said:

Thanks to Verus’ advice, we were able to gift capital to our children, and our eldest was able to take our grandchildren on a dream break to Disneyland. Verus not only helped us reduce our potential inheritance tax bill, but also brought magic into our family’s lives! Their ongoing support ensures our investments continue to meet our needs and allow us to make a positive impact on future generations.”