Estate Planning and Wills
No one likes to think about their own demise or imagine the aftermath for their family. Losing a loved one is traumatic enough, without the added pressure of having to spend time and money trying to put the deceased’s affairs in order. This process is all the more painful if it is not known how the deceased would have wanted assets distributed.
No matter whether you leave a large or small estate, your plans on how to distribute it do not need to be overly complicated.
The concept of ‘estate planning’ may sound grandiose, but it can actually be a straightforward exercise of arranging your assets in such a way that more goes to the people you want; family, friends, and charities, as opposed to those you don’t, i.e. the tax man!
Planning and Advice
We work closely with private client solicitors to ensure that our clients first have a properly drafted will that deals clearly with the distribution of net assets on death.
We then advise clients how to use Trusts and other strategies to plan for all aspects of inheritance including mitigating or providing for the burden of taxation on the estate.