Providing solutions to common problems such as ‘passing my estate to my wife and then to the children’; protecting your estate against 3rd party attack; ensuring your wishes are preserved following your death and that your assets pass to your chosen beneficiaries.
Expert guidance prior to creation, and then monitoring and onward review. Ensuring safe and sure administration for the trustees to carry out your wishes and to provide the best care for the beneficiaries.
Lasting Powers of Attorney
1-2-1 guidance on the reasons for undertaken LPAs, the appropriate choices of Attorney, the scope of operation and how & when to bring them into use. Guidance to your Attorneys on the proper discharge of their duties and troubleshooting any problems or issues that may arise.
Guidance of other aspects of Estate Planning
- how to best own your joint property,
- how CGT operates for gift making,
- how the IHT 7 year rule works in practice,
- how to inherit monies without affecting your tax position;
- what sort of financial or accountancy advice to seek;
- the impact of the Residence Nil-Rate Band for IHT;
- the duties of trustees or executors;
- and much more.
Probate and Estate Administration
Providing a practical, hands-on, transparent service to deal with all aspects of administration of Wills and estates. Particular strengths are focusing to self-imposed time deadlines, fast and efficient communications.
Providing expertise as to taxation – both Inheritance Tax and Capital Gains Tax implications of sale/transfer of property assets and how to mitigate.
We will work alongside solicitors and accountants in delivering the complete probate and estate administration package for you.
Where there is a discretionary trust or life-interest trust, providing the full expert service to comply with the terms set out and to advise clearly and sensitively at all stages to the relevant parties, being Executors, Trustees and indeed beneficiaries.