Estate Planning

A structured estate plan allows you to plan for yourself and your loved ones without giving up control of your affairs. Your estate plan should allow you to plan for the possibility of your own disability. It should distribute your assets to whom you want, the way you want, and when you want. Your estate plan should be structured so that assets can be passed to your beneficiaries with a minimum of tax and cost.

Areas of work include:

Reviewing the appropriateness of Will Trusts and Pension Trusts for the distribution of assets to dependents

Will reviews and completion/updating (via existing or recommended legal advisers)

The use of Lasting Powers of Attorney for ongoing financial decision making and security

Business succession issues including transferring of assets upon death or sickness

And what could this achieve for you?

Reduction of unnecessary costs and potential taxes upon death

Reduction of serious business risks where there is more than one business partner/owner

  Peace of mind knowing your assets will be distributed as per your wishes

If Estate Planning is a concern for you then take The First Step