Estate Planning is mainly about ensuring that the family, friends or charities that you want to benefit from your wealth do so in the way that you wish and as tax efficiently as possible. If children or vulnerable adults are involved there are special issues to consider. For many people tax mitigation is only one consideration.
A combination of lifetime gifting, action through your will and possibly life assurance usually provides the best solution while also ensuring that your own position is protected. There are numerous exemptions and allowances that provide the opportunity to make gifts in a very tax-efficient way and that are often overlooked. Perhaps surprisingly, pension planning can often now play an important role in estate planning. As each situation is different, a full financial review will identify the most suitable strategy.
Get in touch and we can help to put you in touch with the Planner who is right for you. There are many ways you can contact us. Call or email for general enquiries, for something more specific use our enquiry form.