What is Estate Planning?

Estate Planning is for people who want to plan for the management and distribution of their assets after their death or if they become incapable of managing their affairs. Estate planning involves a range of legal and financial strategies that are designed to help you to achieve your goals while minimising taxes, preserving wealth and ensuring that your wishes are carried out.

Estate Planning can include drafting Wills, Trusts, Lasting Powers of Attorney, and other legal documents. Estate Planning will include tax and Estate Planning strategies, as well as helping you to navigate Probate, Trust and Estate administration. You can also include things like charitable giving and other philanthropic activities.

Estate Planning may also include business succession planning, planning for vulnerable individuals, and asset protection planning. Estate Planning is unique to every person and we work closely with you to understand your individual needs and goals, and to develop customised plans that are tailored to your specific circumstances.

How can we help?

We know it can be a difficult and sometimes uncomfortable subject but writing your Will and thinking about your death is important if you don't want to leave things to chance.

We’re here to help you plan ahead, record your wishes and to make sure you leave your legacy; making things just a little easier for those who you will one day leave behind.

No matter what type of Estate Planning you’re looking for, we have the resources, experience and expertise to help. We won't bamboozle you with legal jargon and will help you to choose the right solution tailored to your individual circumstances and needs.

Look after your loved ones

Ensuring that your loved ones are taken care of after you pass away is an important part of estate planning. We can work with you to create a personalised plan that addresses your unique needs and goals. This may involve creating legal documents such as Wills, Trusts, and Lasting Powers of Attorney. Overall, we can help you create a plan that provides peace of mind and ensures that your loved ones are taken care of after your passing.

Protect your assets

We can provide guidance on how to protect your assets from potential creditors or legal challenges, as well as create unique strategies to safeguard your assets and ensuring that these pass to your chosen beneficiaries. You can also provide protection for vulnerable beneficiaries and for those who may be having a difficult time in their own lives and it would be better that they did not inherit outright.

Record your wishes

We can help you ensure that your assets are distributed according to your wishes after your passing. We can also help you plan for the management of your assets in the event of your incapacity. Estate planning is not just for individuals with significant assets. Even if you have a modest estate, an estate plan can still provide important protections for you and your loved ones and help ensure that your wishes are carried out after your passing.

Minimise tax liabilities

We can help you minimise the tax implications of transferring your assets to your family and loved ones. We can provide guidance on strategies such as gifting, trusts, as well as charitable giving. It is important to note that certain types of gifts, such as those gifted to a spouse or civil partner, are exempt from Inheritance Tax. In addition, there are various reliefs and exemptions available that can help reduce the amount of tax that is due.