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Stellar launches industry-first ‘all inclusive’ inheritance tax service


  • By alex.sullivan@cliftonmedialab.com
  • News
The Growth Stage

 

Stellar, the estate-planning specialist asset manager, has launched what it believes to be the first ‘all inclusive’ inheritance tax planning service that gives financial advisers access to a network of legal and tax advisers as well as estate administrators.

The Expert Partner Service, Stellar told GBI Magazine, is the first of its kind to be offered by an asset manager. Preferential rates have been negotiated with each partner organisation, to deliver further value to an adviser’s clients added Stellar.

Matthew Steiner, Business Development Director of Stellar, said: “Financial advisers often speak to us about their frustration with the difficulty of bringing together the range of experts their clients need, to achieve a fully integrated solution.

“By launching this service, we’re offering advisers the opportunity to plug directly into a pre-existing, robustly vetted network of partners. Advisers no longer need to struggle coordinating multiple separate bodies, our comprehensive Expert Partner Service will work swiftly and smoothly.”

The service complements the asset manager’s existing range of tax-efficient discretionary managed portfolios, each of which provide relief from inheritance tax after two years.

At launch, the Expert Partner Service members are:

  • Farani Taylor, a network of independent legal professionals who offer advice across a variety of specialisms, including estate planning;
  • Obsidian, a tax advisory service that specialises in working with HNWI and business owners. They work with advisers and accountants to develop the right tax solutions;
  • Kings Court Trust, one of the largest estate administration providers in the UK. Founded in 2002, Kings Court Trust have assisted on over 35,000 estates. Their role in the service is to handle ongoing estate administration after death and to provide advice when necessary.

Tom Moore from Obsidian said: “We are delighted to be part of this new service. We have a wealth of experience at Obsidian in providing Inheritance Tax advice and advice in other areas of tax and are very excited at this opportunity to bring that experience to a wider market. We look forward to working closely with Stellar to provide the very best service to clients in this field.”

Stellar intends to add further partners including additional administrative tools and lifestyle services.

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