Wills & Estate Planning

Planning for the future is crucial, and with our Wills & Estate planning partners, can ensure the relevant protection is in place for your loved ones to honour your wishes. Our team will provide the introduction to a Will expert whom we as a firm have worked closely for many years. Step by step, you will be guided through the important factors, providing peace of mind that your affairs are in order.

What is Wills & Estate Planning?

The Benefits

Our referral partners will collaborate closely with you to create an estate plan tailored to your needs. Here are some of the benefits you can expect:

Tax Efficiency: Strategically minimise tax liabilities on your assets.

Asset Protection: Safeguard your wealth from legal risks.

Retirement Security: Ensure adequate funds for your retirement years.

Expert Administration: Appoint reliable estate administrators and trustees.

Trust Management: Establish and manage trusts for dependants, with our referral partners serving as trustees when needed.

Additional Services

Wills

A will is a legal document that our referral partners can assist you in creating, which specifies how your assets and possessions should be distributed after your death. It offers clarity for your loved ones during a challenging time and ensures the administration of your estate according to your instructions, including provisions for the care of minors if necessary.

Trusts

A trust is a legal arrangement in which assets, such as money, property, or investments, are overseen by a trustee on behalf of beneficiaries. Trusts are designed to safeguard and administer assets according to specific instructions, offering flexibility in estate planning and asset protection while ensuring beneficiaries are supported according to the settlor’s wishes. They are a valuable tool for managing assets during your lifetime and beyond. Our expertise allows us to establish various types of trusts tailored to your financial objectives and beneficiary protection.

Estate Administration

Administering an estate is often a complex and time-intensive undertaking. It encompasses the legal and practical procedures for handling the assets and liabilities of a deceased individual. Our referral partners provides extensive estate administration services tailored to support executors and administrators through every stage. We assist in navigating the probate process, ensuring debts are settled, assets are distributed, and all legal obligations are met with careful attention to detail and efficiency.

Lasting Powers of Attorney

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint someone you trust to make decisions on your behalf if you cannot do so yourself. There are two types of LPA: one for health and welfare decisions, covering choices about your health and care, and another for financial and property matters, which includes decisions about your money and property. Creating an LPA ensures your affairs are managed according to your wishes, providing peace of mind for you and your loved ones.

Inheritance Tax Planning

Inheritance tax applies to estates above a certain threshold, but effective planning and the strategic use of allowances and exemptions can significantly reduce or even eliminate this tax burden. Ensuring your estate planning is optimised is a sure way to safeguard your assets and secure your legacy for chosen beneficiaries.

Strategies to effectively manage your inheritance tax liability include:

  1. Making strategic gifts to family members, loved ones, and charities.
  2. Utilising alternative assets to generate retirement income and pass on pensions.
  3. Securing a life insurance policy specifically to cover potential tax obligations.
  4. Investing in tax-efficient vehicles, such as those eligible for Business Relief benefits.

Why Choose Us

Expertise: Our referral partners consists of highly qualified professionals with extensive experience in trusts and have expert referral partners for Wills & wider estate planning needs.

Customised Service: We take the time to understand your unique circumstances and provide tailored solutions.

Comprehensive Support: From the initial consultation to the finalisation of your plans, we accompany you every step of the way.

Compassion: We approach every client with sensitivity and respect, acknowledging the significance of these decisions for you and your family.

Frequently Asked Question

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