Estate Planning Bond - OffshoreEstate Planning Bond - Offshore

The Estate Planning Bond is a combination of an off-shore, unit-linked, single premium Capital Redemption Bond and a Trust which is used to mitigate Inheritance Tax whilst still providing you with an ‘income’ during your lifetime on a lump sum investment of £50,000 or more.  Northern Bank can provide you with advice on Offshore Investment Bonds which are provided by AXA Isle of Man Limited.

This information is for guidance only and is not a recommendation to buy or sell any investments or enter into any other transactions.
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The Estate Planning Bond is designed to meet your investment objectives if you wish to reduce your Inheritance Tax liability but still retain an income from your capital.

Advantages of investing in the Estate Planning Bond
  • Your money is pooled with other investors allowing access to a wide range of assets which wouldn't normally be available to you as an individual investor.
  • The Bond is designed to give you an immediate reduction in the value of your estate for Inheritance Tax purposes.
  • You can receive an ‘income’ through regular withdrawals of up to 5% of your original investment each year for up to 20 years, without any immediate liability for tax (income in the form of regular withdrawals reduces capital growth potential and may result in your investment falling below its original value).
  • As the bond is held in the favourable tax environment of the Isle of Man, investment gains are allowed to roll up free of income and capital gains tax (the rates of tax and any relief from taxation depend on your own personal circumstances and are likely to vary over time).

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