Estate Planning

Probate & Estate Planning

Estate Planning is planning your affairs before death to ensure that all the documents are in place to ensure that, amongst other things: 

1. The people you want to inherit do so correctly and at the right time 

2. You have protections in place for ensuring long-term family wealth if needed 

3. You have documents in place in case you lose mental capacity 

4. You have a plan to minimise your Inheritance Tax Bill 

Estate Planning frequently uses a variety of skills, knowledge bases and professionals to achieve the best outcome for you. For example, a solicitor, financial advisor and accountant may all work together to ensure that your plans result in the best tax position for you, whilst not compromising on eventual goals of passing on money. 

Estate Planning may involve considering and or preparing: 

1. Wills, including trusts to be set up on death 

2. Lasting Powers of Attorney 

3. Lifetime Trusts 

4. Family Investment Companies