Estate Planning

Various sources calculate that up to an estimated 60% of the adult population have not made Wills. A Will is essential to ensure that your Estate is dealt with as you would have wished on your death, and can also be effective in addressing various taxation issues. Lasting Powers of Attorney should also be considered to protect your interests, should you become unable to manage your own financial affairs.

Inheritance Tax

After certain exemptions, Inheritance Tax is charged on your entire Estate, which can include your worldwide assets. With careful planning, Inheritance Tax can be reduced or its effects mitigated. There are several strategies that can be employed, including a suitably worded Will, outright gifts, trusts, business property relief and life assurance.

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