Update Your Estate Planning Before April 2027

Now is the time to review your Will, Pensions and Estate Planning

From April 2027, important changes to the Inheritance Tax treatment of unused pension funds and death benefits are expected to take effect. For many families, this could mean that existing estate planning arrangements no longer achieve the intended outcome.

If you have not reviewed your Will, Pension nominations or wider financial affairs recently, now is an ideal time to do so.

What should you be considering?

✔️ Review your Will – Does it still reflect your wishes and provide for the people who matter most?

✔️ Check your Pensions – Have you reviewed your beneficiary nominations and considered how your Pension benefits may affect your estate?

✔️ Understand your IHT position – Could the changes affect the value of your estate exposed to Inheritance Tax?

✔️ Review your wider affairs – Consider whether your estate planning remains appropriate in light of your family circumstances, assets and long-term objectives.

✔️ Plan ahead – Taking professional advice now may help you identify opportunities to plan effectively before the changes take effect.

Don't leave it until April 2027

A review of your Will and wider estate planning can help ensure your arrangements remain appropriate for you and your family.