A widowed client in excellent health wished to restructure her substantial investments, which were previously held through her bank at high cost and limited growth.
Her goals included better performance, reduced fees, and improved tax efficiency, while maintaining control of her capital.
She intended the portfolio to provide an inheritance for her only child with minimal inheritance tax exposure, yet wanted the option to draw income later or gift partial funds before death. Transparency and regular performance reporting were also essential.
Leaton Wealth established a Belgian-compliant Branch 23 life-insurance structure, domiciled in Belgium and registered in the child’s name with the client as accepting beneficiary allowing her to keep full control.
Objectives achieved:
Cost efficiency: 0.95% annual cost and 1.5% initial fee—significantly below prior bank charges.
Enhanced growth: Diversified ETF-based portfolio managed by our investment team, rebalanced regularly.
Tax efficiency: 2% entry tax on contributions; all subsequent growth tax-free within the policy.
Inheritance optimisation: The full policy value transfers inheritance-tax-free to her child on her death.
Access flexibility: Up to 4% annual withdrawals permitted if income is ever required.
Controlled gifting: Partial withdrawals possible with client authorization.
Ongoing visibility: Online access and bi-annual review meetings provide full transparency.
