Estate Planning

Writing a will ensures that your assets are left to your chosen beneficiaries when you are gone.

Without a valid will, your estate will pass according to the laws of intestacy - this might not necessarily be to those you would like to benefit.

It's wise to review your will periodically to ensure it continues to reflect your wishes - and also to account for changes to Inheritance Tax rules.

Recent changes to Inheritance Tax rules mean more estates will end up paying a tax charge.

We can assess your current assets to calculate your potential liability to Inheritance tax and help you plan accordingly.

We advise on maximising your available allowances and structuring assets to minimise your tax liability.

Trusts provide the opportunity to gift assets to your chosen beneficiaries whilst still retaining some level of control over how they are used and when.

Trusts can also be useful in tax planning by reducing your estates liability to Inheritance Tax.

There are many different types of trusts available and the rules can be complex - we give advice on creating and administering solutions which are right for you.

A Lasting Power of Attorney gives a trusted representative the power to make decisions or take actions on your behalf. 

There are two types:

• Health and Welfare
• Property and Financial Affairs

We can assist you in setting up both types of LPA, as well as explaining the details and registering the documents.

Executors are responsible for the administrating of a person's estate.

Working with other professionals we can assist executors with completion of the necessary probate application and inheritance tax returns.

We also provide support with financial administration and personalised advice to beneficiaries.

Trustees have certain responsibilities when it comes to managing assets held in trust, including ensuring that assets are appropriately invested and managed.

We provide investment advice, tax planning and administrative support to trustees to ensure that their responsibilities are met.