Estate Planning
Passing on Your Wealth
Leaving a lasting legacy for your loved ones and preparing for life’s ‘what ifs’ is essential for a solid financial plan. By preparing for various scenarios and ensuring your family is cared for, you’ll take comfort in knowing your wealth is protected and passed down through generations.
Helping clients plan for the future
Is this you ...?
“I want to leave as much as possible to my children - where to start”
Inheritance Tax rules can be complex and confusing, which is why seeking advice early can make it easier to plan. We are here to help you minimise the tax burden for your children.
“I am not sure I have the right measures in place”
Understanding Inheritance Tax is crucial for passing on wealth effectively, however there is more to consider. As our client, you’ll receive expert advice across all aspects of the estate planning, whilst keeping pace with changing thresholds.
“I have made some gifts but want to know where I stand”
Passing on wealth as gifts to family and loved ones can be a powerful way to leave a legacy, but the rules can be complex. We can help you understand where you stand and keep you on track to achieve the goals you’ve set out.
“What about if I need to cover the cost of care”
A well rounded financial plan will ensure all your current needs and future requirements are taken into consideration, ensuring that each is prioritised appropriately. By addressing your short-term desires and long-term concerns objectives, it provides a clear path to financial security and peace of mind.
Where do we come in?
We’ll carefully assess your financial situation and discuss your wishes for who should inherit your wealth. Then, we'll create a solid, detailed plan to deliver these wishes, whilst meeting your own personal requirements.
Identifying and implementing intergenerational wealth strategies that not only preserve and build on the legacy you've worked hard to create, but also ensure lasting financial benefits for your family for years to come.
Planning for the future can be challenging, especially when it comes to discussing what happens after you're gone. We are here to put you at ease, offering friendly, straightforward advice and guidance in every meeting.
Receiving an inheritance while coping with the loss of a loved one can be overwhelming, especially when you're trying to navigate the practical aspects. Making the correct decisions during such a difficult time can be challenging, but we're here to guide you through the process with care and clarity.
Services and areas of advice that we provide
Helping you plan how to transfer your wealth to future generations, we offer advice on strategies such as:
Lifetime Gifts and Trusts
Advising on gifting strategies and setting up trusts during your lifetime to reduce tax burdens and protecting assets for children and grandchildren.
Inheritance Tax Planning (IHT)
Guidance on utilising reliefs and allowances to maximise tax efficiency.
Business Property Relief (BPR)
Providing advice on BPR-eligible investments to reduce IHT liabilities.
Care Home Fees Planning
Helping individuals and families navigate the complexities of funding long-term care, ensuring that assets are protected, and care costs are managed in the most tax-efficient way possible.
The value of investments can go down as well as up and you may get back less than the amount invested.
The Financial Conduct Authority does not regulate taxation or Trust advice.
Our Process - What to Expect?
Our financial planning initial advice process comprises of the following steps and services:
Step 1: Initial Information & Investigation
Establish the relationship between us and agree on your engagement preferences along with the advice, services, and costs of our services.
Find out about you, your circumstances, expectations, goals, needs and objectives – and how these should be prioritised. We will consider any concerns you may have about your life-long aims, financial position, or financial ‘well-being’ and any potential vulnerabilities.
Where you are considering investing, define your attitude to risk and need to take risk along with your capacity for loss and investment preferences and knowledge.
Step 2: Research, Reporting & Recommendation
Analyse and evaluate your financial position, including whether your existing arrangements or provisions are adequate to meet the financial needs and objectives that, between us, we have agreed as priorities.
Develop our advice and recommendations, for the financial plan, solution(s) or strategy that we have researched and defined as being the most suitable to meet your needs, objectives and preferences.
Report on any identified provision shortfall(s) or other financial needs that we believe you should consider.
Present our advice and recommendations to you.
Step 3: Solution Instigating & Implementation
Implement the financial plan or strategy that we have recommended, or assist with alternative actions.
Deal with all administrative matters related to the application of the financial plan or strategy.
Keep you duly informed throughout the implementation process.
Ensure your arrangements are set up correctly and in accordance with your requirements.
Step 4: Ongoing Advice Service & Re-assess Suitability
Monitor, report on, review, and continue to provide ongoing advice.
Re-assess the suitability of the advice provided.
Maintain the relationship between us, and accommodate your engagement preferences and requirements, as well as providing administrative support.
Be available to deal with any concerns, matters or needs that arise, should your circumstances, objectives, or priorities change.
