Estate Planning

We offer a full estate planning service to compliment the investment and pension service we provide, making the process as easy to understand and as hassle-free as possible.

The rules involved in Inheritance Tax are complex so it’s imperative to discuss your situation with an experienced professional. Our advisers will help you understand its potential effects on you, whether your loved ones will lose out on some of their inheritance, and what we can do to reduce or even eliminate its effects.

Since the beginning of the COVID-19 pandemic, the volume of clients seeking estate planning solutions has more than doubled as the realisation of the impact of the virus has come to a head.

Trust planning can be a rather complex matter, but our experienced advisers will support you.

The rules involved in Inheritance Tax are complex so it’s imperative to discuss your situation with an experienced professional. Our advisers will help you understand its potential effects on you, whether your loved ones will lose out on some of their inheritance, and what we can do to reduce or even eliminate its effects.

Benefits of good estate planning include:

  • Potentially reducing your inheritance tax liability.
Protecting assets for your spouse and enabling them to withdraw income.
  • Preventing your children or individuals from inheriting property outright when they may not be in a position to manage their affairs responsibly but allowing them an income stream.
Preserving family assets for your children and grandchildren in the event of divorce.
  • Preventing future generations from paying inheritance tax on your assets.
  • Bloodline protection - making sure that your children and grandchildren are protected from creditors or the social impact of divorce.

Wills & Lasting Power of Attorney

We always encourage our clients to review their wills, as their own circumstances may have changed since they last prepared them. So often we find that wills are written in isolation, they do not take account of a person’s family situation and they're written without any thought to pending tax changes.

A Lasting Power of Attorney (LPA) is a legally binding document which allows an individual to assign decision-making autonomy to a trusted person – often a family member, spouse, friend or a known individual relied upon to make sound and informed decisions on their behalf if they are not able to do so.

There are actually two recognised types of LPAs:

1) Health and Welfare

2) Property and Financial

You can have one or both LPAs in place at the same time. When it comes to later life planning, most people choose to get both types of LPA. This ensures that all the bases are covered, should mental capacity be lost in the future.

Health And Welfare LPA

A health and welfare LPA can only be used when you’re unable to make your own decisions. This LPA can be used to give an attorney the power to make decisions about things like:

  • Your daily routine - washing, dressing, eating etc.
  • Your medical care
  • When to move into a care home
  • Life-sustaining treatment

Property And Financial Affairs LPA

Use this LPA to give an attorney the power to make decisions about your money and property such as:

  • Managing your bank or building society account(s)
  • Collecting your benefits or pension
  • Paying your bills
  • Selling your home

A property and financial affairs LPA can be used as soon as it’s registered, with your permission. If later then you can decide the criteria for when this will be.

"An accident or illness could potentially lead to diminished mental faculties at any stage of life. Without an LPA, there is always a risk, therefore planning for unforeseen eventualities can help mitigate this risk."

Our services that can help you plan for the future:

 

Trusts

Control your assets, minimise tax payments, protect your legacy and look after your loved ones.

Will Writing

Ensure your loved ones are looked after and control where your hard-earned assets go.

Lasting Power of Attorney

Appoint a trusted person to make decisions on your behalf, should you no longer be able to.

Funeral Planning

Protect your loved ones from uncertainty and unexpected costs, ensuring your wishes are fulfilled.

Protecting You and Your Loved Ones

It can be easy to put these important things off, which could cause problems for your loved ones after you’re gone. Act now and get peace of mind that your wishes will be respected.

We'll help make the process hassle-free, offering you personalised guidance over the phone or by video call, daytime or evenings. Our experienced team will do all the hard work for you, explaining everything in plain English.

Have your circumstances recently changed?

Arrange a no obligation initial review via telephone or video call.

Get peace of mind that your family members and loved ones are protected when you die.

contact us

The Financial Conduct Authority does not regulate Will Writing, Tax Advice and Estate Planning. Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.