Guide to Estate and Trust Planning

Posted on: 12 Sep, 19

Welcome to our Guide to Estate and Trust Planning. This guide is designed to give you a basic understanding of Estate and Trust Planning and the issues you may face. We look at various ways you could reduce a potential Inheritance Tax liability in order to pass on as much wealth as possible.

This guide addresses the main arrangements available to individuals.

The language used throughout this guide is technical due to the nature of the subject. We always recommend that you obtain professional financial advice before making any decisions. We can help you understand these technical issues and make any decisions that are appropriate for your personal circumstances.

On page 20, we have included a ‘glossary’ of the technical terms to assist you.

Estate planning is not just about reducing tax. It’s about giving you peace of mind for the future, knowing you’ll have enough after retirement and your loved ones will have the financial support they need, which is why it’s essential to make sure your wealth is protected for you and your family. By structuring your assets in a tax-efficient way, you can make sure everyone is provided for in the future.

There are many factors to consider: from simple gifting to more advanced planning with various entities, we can help you transfer assets to your beneficiaries in a manner that is consistent with your goals and objectives. We provide an extensive range of services, plus the ability to tailor solutions based on your specific needs.

It‘s not easy projecting yourself into the future and seeing what‘s around the next bend. Benjamin Franklin famously said: ‘Nothing can be said to be certain, except death and taxes.’ But while there’s nothing any of us can do about the former, there are steps you can take to legitimately reduce a potential Inheritance Tax liability. By structuring your assets in a tax-efficient way, you can make sure everyone is provided for in the future...

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