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Family Wealth Management

We can sometimes be asked to speak to the next generation who feel quite alienated by the wealth their parents have, and it’s a real privilege to give them the confidence to become responsible custodians of that wealth."

Client Adviser Ben Harrison

Generational success

After a lifetime of forging a path of your own, your wealth needs protection from eroding forces. For more than 200 years, we’ve been guiding some of the world’s most successful individuals and families with a clear focus on their future.

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A focus on individual families

No two families are alike; each has complex and unique needs. We're here to keep you wealthy, and our extensive network of leading legal and accounting specialists means we can pair you with the best experts to meet your individual wealth management needs.

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Planning for generational wealth

As a wealth manager, we focus on the fundamentals, rather than prevailing investor sentiment. We are determined to be good custodians of your capital, delivering expected returns for decades to come. As a family working hard to preserve your wealth, you’ll want to focus on understanding your goals and putting an effective financial plan in place.

Creating a multigenerational plan

You might find it helpful to use our wealth management framework to divide your wealth into different 'pots', each with a range of objectives driven by accessibility, target returns and risk tolerance.

Investing for your family

 

We’re here to help you plan your family’s finances, please read the articles below to learn more.

Our Client Advisers are a great sounding board for all your financial questions. Below we answer some of the most common questions they have been asked.

What is the best way to build generational wealth?

Building and maintaining wealth is no easy task. A strong financial strategy is needed to ensure wealth can be preserved and future generations are able to prosper.

Consistency and long-term thinking are the keys to building generational wealth, and Rothschild & Co has been guiding families for more than 200 years.

The best way to build wealth is to invest in a mix of trusted assets which will deliver strong returns over a number of years. Families should try and look past any short-term noise in the market and focus on long-lasting wealth creation across generations.

What is inheritance tax, and how much can you inherit without paying tax?

Inheritance tax is a levy imposed on the estate – including property, money, and possessions – of a deceased person.

The inheritance tax threshold is £325,000, also known as the “nil-rate band”, and wealth above this level is typically subject to inheritance tax at a rate of 40%. The allowance for a spouse or civil partner can be as much as £650,000, if none of their first partner’s £325,000 allowance was used when they died.

In addition to this, you are able to pass on property worth up to £175,000 to a family member or spouse, free of tax. This is known as the “residence nil-rate band”.

How much can I gift my children?

Individuals can normally gift up to £3,000 per tax year without incurring any inheritance tax. This is known as the “annual exemption”. There are further exemptions for other gifts, such as wedding or civil partnership gifts from parents. However, inheritance tax rules can be complex, so consulting with a tax professional is advisable.

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