How advisers should approach inheritance planning with clients

Crucial for clients to discuss inheritance plans with their adviser

clock • 4 min read

Even though broaching the subject is a difficult topic, there are techniques that advisers can use to help clients deal with inheritance planning. Stuart Ritchie shares his insight...

Bringing up the topic of inheritance to clients can be tricky and it's no secret many are reluctant to talk about it. Clients spend so much of their working life ensuring they have enough money to last them through retirement, deciding where it might go once they pass on can be too much for some. According to the Financial Intermediary & Broker Association (FIBA), 66% of Brits have not discussed inheritance with their parents and 43% find it very awkward to talk about it. Elsewhere, UBS' Investor Watch Report revealed 40% of investors do not have a formal inheritance plan and 50% admitte...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

To share or not to share? Matrimonial and non-matrimonial asset sharing on divorce

To share or not to share? Matrimonial and non-matrimonial asset sharing on divorce

'The division of assets on divorce can be incredibly contentious'

Amy Walpole and Sophie Key
clock 18 July 2025 • 4 min read
Keir Starmer's refusal to rule out wealth tax labelled 'telling'

Keir Starmer's refusal to rule out wealth tax labelled 'telling'

Continued speculation around how the Labour govt might raise revenue

Isabel Baxter
clock 11 July 2025 • 2 min read
IHT/pensions shake-up threatens SME commercial property owners

IHT/pensions shake-up threatens SME commercial property owners

Evelyn Partners warns thousands of businesses are at greater risk

Jenna Brown
clock 07 July 2025 • 4 min read