Estate Planning

Estate Planning offers peace of mind since it helps protect your hard-earned assets for passing on as much of them as possible to your loved ones – ways it can do this include;

  • taking advantage of any available tax relief
  • mitigating the impact of care fees
  • setting down your last wishes in legally-binding form
  • safeguarding the continuity of your business

Did you know?
If the value of your estate is above the inheritance tax threshold, then 40% of the excess will have to be paid to the Government / HMRC (or 36%, if you leave at least 10% to charity).  For tax year 2021/22, the inheritance tax threshold is £325,000, although in certain circumstances individuals can apply to increase this.

Is Estate Planning for Me?

Everyone has an estate… “estate” simply refers to everything you own: your car, home, other properties, bank/savings accounts, investments, life insurance, furniture, antiques, jewellery, family heirlooms and other personal possessions.