Business Relief planning scenarios
Your clients are unique, but the financial challenges they may face over their lifetime won’t be. Our range of client scenarios are derived from many years of real-life experience of working with financial advisers and their clients.
How Business Relief can help different clients
THE SCENARIO
Inheritance tax planning for clients who want to retain access and control
Jessica is 75 and widowed. She knows she has a significant inheritance tax (IHT) liability on the value of her estate and she is keen to carry out estate planning to reduce or eliminate the liability.
THE SCENARIO
Inheritance tax planning for clients in conjunction with the residence nil-rate band
Cassandra is 81 and divorced. She has already begun planning for inheritance tax (IHT), but her financial adviser recently told her that the size of her estate means it does not qualify for the residence nil-rate band (RNRB).
THE SCENARIO
Inheritance tax planning for clients with Power of Attorney
Mariam is a widow in her mid-80s and can no longer make her own decisions (lost capacity). Before she lost capacity, Mariam created a Lasting Power of Attorney (LPA) and appointed her son Finn as her Attorney.
THE SCENARIO
Inheritance tax planning for clients with limited life expectancy
Martha is 85 and recently widowed. Before her husband passed away, they began planning for inheritance tax (IHT) and made some gifts to their children more than seven years ago.
THE SCENARIO
Ensuring full IHT exemption after the death of the surviving spouse
Sarah and Jane are married and in their early 90s, and have two grown children from previous marriages.
Client planning Scenario menu
Instant access to all example scenarios for quick and easy access with your clients.
Discover how Business Relief can reduce inheritance tax and keep clients in control of their assets.
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