Estate Planning Guide

111 PROVIDERS IN FOCUS Providers in Focus About the provider Blackfinch is an investment specialist with a 25-year heritage. We provide evolved investment solutions with a focus on capital protection, security and growth. Our philosophy is one of adaptation to market change and customer needs. With a specialism in tax-efficient products, Blackfinch offers a range of estate planning solutions targeting Inheritance Tax (IHT) exemption through Business Relief (BR). Blackfinch works to provide competitive costs and charges, and make the investment process as simple as possible for our customers. We are committed to delivering sensible investment strategies, on services and solutions that offer value to investors and generate attractive returns. Products in our BR-focused range include: the Adapt IHT Portfolios; the Adapt IHT Protected Portfolios; and the Adapt AIM Portfolios. Bringing significant experience and expertise with a transparent approach, Blackfinch is trusted with approximately £200 million under management and administration. Our Estate Planning Solutions Blackfinch offers a range of estate plann ing solutions, designed to meet customers’ requirements. With all utilising BR, across the range customers can expect a relatively swift route to IHT relief, in comparison to gifts or trusts, in just two years, provided investments are still held at death. Furthermore, with no complex or expensive legal structures, customers have flexibility and control throughout, with the ability to access cash should their circumstances change. The Adapt IHT Portfolios are discretionary managed portfolio services targeting asset- backed lending, property development finance, and renewable energy generation. Blackfinch only takes its annual management fee of 0.5% plus VAT after achieving a minimum target return of 4% p.a. or 6% p.a., depending on which of two model portfolios an investor has selected. The Adapt IHT Protected Portfolios have a similar investment strategy but feature three model portfolios and integrated life cover starting from the date shares are acquired. The cover is designed to mitigate the impact of IHT for the first two years before IHT relief comes into effect. In the event of death, it covers 40% of the original gross investment. As trustee, Blackfinch pays out the cover proceeds, helping to ensure that they fall outside the clients’ estate and are not liable for IHT. The Adapt AIM Portfolios bring return potential alongside IHT relief, through investment in established and growing firms listed on the Alternative Investment Market (AIM) that are BR qualifying. With AIM investments eligible to be held in a tax wrapper, the portfolios can deliver the attractive tax benefits of ISAs alongside IHT relief. Offering two portfolio options, the portfolios also combine our tax-efficient specialism with Chelverton Asset Management and their small company expertise in selecting AIM stocks. The partnership is exclusive to the service, creating highly diversified portfolios. www.blackfinch.com