What happens when I am gone or become incapacitated? Will my children be able to pay the tax(es)? Can I afford Long Term Care? Our clients always (but reluctantly) ask us these questions. We understand.
Leaving their loved ones is not something people want to plan or discuss. Unfortunately though, as the old saying has it, “If you fail to plan, you plan to fail”.
Planning is essential to make sure you decide on and have control of how your wealth is distributed after you die, who is involved if you can’t look after yourself or how to protect some of your assets. So is seeking and getting the right advice.
Whilst our Life Time Planning work will help our wealthier clients mitigate Lifetime and Death Taxes like Capital Gains Tax or Inheritance Tax, we believe however that our Legacy Planning advice is for everyone.
Making sure that an estate, no matter how big or small, will remain within someone’s bloodline for generations to come, or that their assets are protected against being assessed for long term care will give peace of mind to all of our clients.
That’s why we always ask the same questions: have you made a Will? Have you got a Power of Attorney? Have you set up a Living or Will Trust? Have you got a pre-paid Funeral Plan?
These areas form the main pillars of Estate Planning and the ground work for any solutions we may find for our clients.
Our Estate Planning Consultants can visit you in the comfort of your own home to assess your situation, discuss your needs and objectives, and take your instructions.
This will allow you to ask any questions you may have or raise any issues you will deem necessary before confidently deciding what you wish to achieve.
Estate Planning Consultants will then liaise with our legal and compliance teams to implement your bespoke solution, liaising with you at all times.
The Lawyers and Solicitors who will produce your legal documents are also Trust and Estate Practitioners.
The legal world can be extremely complex.
From our experience as a leading Legal Firm, we have developed a very comprehensive range of expert solutions and products to meet our clients’ needs.
In addition to that, we may select partner firms whose services and products can complement what we offer our clients.