PersonalWills and Inheritance Planning

Planning for the future isn’t just about making a Will. It’s about making sure that the assets you have go to the people you want them to. It’s about preserving your assets from potential third party assessments such as care home fees or spendthrift children who may waste their inheritance. It’s also about minimising the tax payable on any inheritance you leave behind.

Making a Will

Making a Will is the only way you can be sure that your wishes will be carried out in the way you want them to be. You will also have peace of mind knowing that you are not leaving behind any unnecessary worries and that your loved ones will be looked after.

The benefits of making a Will include:

  • You can nominate trusted individuals to administer your estate
  • You decide who will look after your children
  • You get to decide who inherits what, how and when they will receive any assets
  • You can reduce the costs faced by loved ones such as inheritance tax.

Making a Will may seem complex but our expert team will ensure that your will is tailored to meet your needs and wishes.

Tax planning

With a little planning you can reduce the tax payable on your estate both during your lifetime and when you die. This could be through tax reliefs, allowances, trusts and other tax efficient arrangements. Deciding which options to take depends on your specific circumstances and what you want to achieve. You may be able to take some tax planning measures through your will.

Our team has extensive experience advising high net worth individuals and families on bespoke capital taxes planning.

Tax planning for business owners

There are specific ways business owners and farm owners can claim relief on business and agricultural property. By working closely with you and your advisors (such as accountants and business and financial advisors) we can understand your wider circumstances and what’s important to you and advise you accordingly.