Estate planning incorporates tax planning but has a wider focus, addressing ways as well in which family wealth can be protected against other forms of loss.
Many parents, for example, are concerned about a child getting divorced or becoming bankrupt. Should you unexpectedly die while a child is in the process of getting divorced, their inheritance might not only suffer loss through tax but could also be substantially reduced through division on financial settlement after the divorce.
We work with you to help mitigate these risks. As well as advising you on the potential for such loss, we can help you with specific structures such as trusts and family investment companies that can protect your wealth not just for your children, but for generations yet to come – allowing you to truly leave behind a legacy of your hard work and success.
Like tax planning, estate planning is something which requires ongoing thought and consideration as the circumstances of you and your family evolve and change. We want to be there with you through this journey to support and advise you as your trusted partner.
There are valuable estate planning tax exemptions and reliefs available depending on your circumstances to help you maximise what is left in your estate. We will advise you which tax exemptions and reliefs you can apply to make the most of your estate. We will advise you on the efficient way to structure your will to take full advantage of those exemptions relevant to your circumstances.