The Situation
The scenario models a retired couple aged 62 with £1,215,000 of property — a detached home in the South East plus a recently inherited second property. Their combined estate now exceeds £2.7 million.
They jointly hold £395,000 in ISAs and £1.1m in drawdown SIPPs. Under the current IHT rules the pensions sit outside the estate; under the 2027 regime they come inside it — and the toggle quantifies exactly what that costs.
Scenario dashboard — projection hero with KPI cards
What Wealth365 Showed
Wealth365's Estate panel exposes a tri-state IHT regime toggle: current rules, 2027 rules, or "not set". Switching to 2027 instantly recalculates the estate summary, exposing the incremental pension-in-estate IHT cost.
The projection also tracks how the IHT liability evolves over time as the couple draws down the pensions — with £845k of SIPPs and £89k of ISAs still in the estate by the final projected year, against a closing net worth of £3.88m.
Year-by-year projection with income, expenses and net worth
The Feature That Changed Things
The IHT 2027 toggle is a single click in the Estate panel. The estate summary instantly re-renders the total IHT, the available allowances, and the net liability — including the £175k residence nil-rate band taper, which is fully withdrawn here because the estate sits above the £2m taper threshold.
The scenario tests gifting the second property over seven years versus retaining it, comparing the IHT position side-by-side in the Scenario Builder.
IHT 2027 toggle in the Estate panel — current vs 2027 regime comparison
KPI summary — on-track %, projected wealth at retirement, and sustainable income
What They Did Next
The Estate PDF report and Multi-Year Financial Statements (Excel) can be handed to a solicitor and IFA as evidence packs. A combination of drawdown acceleration and a phased gifting strategy — all modelled as Wealth365 scenarios — drives the joint advisory meeting.
Custom-branded PDF report — ready to share or save (Multi-Year Financial Statements Excel workbook produced from the same plan)