This session explored the “inheritance economy,” with £5.5 trillion expected to pass between generations by 2047, and how advisers can retain and grow assets during estate transitions. Stellar provides Business Relief–based IHT solutions across multiple asset classes, while King’s Court Trust specialises in probate and estate administration. Key risks include asset loss on death, but advisers can turn this into an opportunity by understanding clients’ wills, executors, and beneficiaries, and engaging families early. Takeaway: Proactive estate planning helps advisers protect assets and win intergenerational relationships.

At Stellar’s Business Relief Planning webinar, Jonathan Gain, David Stein, and George Gale (Homegrown Property) discussed property-focused BR activities across commercial and residential development. Key Points: Business Relief (BR): Trading businesses qualify for IHT relief after two years while clients retain capital control; Stellar offers AIM-based and asset-backed options. Commercial Development: Industrial warehouses in high-demand areas (Kent, Oxfordshire) with independent oversight. Residential Development: Affordable family housing and regeneration projects (e.g., Barker Building in Northampton) delivering strong sales and rental yields. Risk Mitigation: Planning approval required before funding; profits ring-fenced for clients. Takeaway: Property-focused BR projects offer IHT efficiency, diversification, and community impact, with careful structuring protecting investors.

At Stellar’s Business Relief Strategies session, golf and hotels were highlighted as BR-qualifying investments combining asset security, income, and growth potential. Key Points: Business Relief (BR): Trading businesses qualify for IHT relief after two years; clients retain control. Golf: Asset-backed, revenue-generating courses modernised for broader markets (families, women, juniors, corporate), with diversified income streams. Hotels: Resilient sector; underperforming properties refurbished and rebranded to boost equity and returns. Integrated Resorts: Combine golf and hotels for diversified revenue across rooms, F&B, events, and outdoor activities. Takeaway: Golf and hotels offer secure, diversified BR investments with strong financial returns and positive community impact.

At the Stellar Tax & Intergenerational Planning Clinic, Tom Moore (Westbridge Tax) covered practical strategies for transferring wealth across generations while balancing family and business needs. Key Points: £5.5tn will pass between generations in 30 years—risk of asset loss, opportunity for adviser engagement. Planning Tools: Trusts, share rights, cross options, insurance, family buyouts, growth shares, EOTs, and Section 86 trusts. Focus on fairness, protection, business continuity, and long-term succession. Takeaway: Effective intergenerational planning combines technical tax tools with client-specific goals and family dynamics to ensure efficient, secure wealth transfer.