Estate planning is more than just the future allocation of your assets. You’ve spent a lifetime building your assets for your family’s future, it is now time to guarantee your assets will be passed only to your loved ones – and not to unplanned beneficiaries.

Effective estate planning allows you to enjoy the benefits of your assets now while maximising the value of your estate by reducing taxes and other expenses.

We have always encouraged clients to regularly review their wills – and this is particularly important when your personal circumstances change. We can work with your existing solicitor or recommend one to ensure that your taxation and business circumstances are considered when drafting wills. This includes determining intended beneficiaries, reviewing issues, restructuring (if necessary) and valuing businesses.

The following questions are important when considering whether you need an estate plan:

  • If you were to die, would your family know how to access the value held within your business?
  • If you became ill or injured, who would act on your behalf and how would your family be supported?
  • How and when you want to sell your business?
  • If you have a business partner, how you would pay their estate if they were to die unexpectedly?

We can assist you with all aspects of the process including:

  • Organising wills
  • Tax effective planning for estates
  • Business succession plans, partnerships, and shareholder agreements
  • Acting as executor for deceased estates
  • Asset protection tactics to preserve capital within families