Asset Protection & Tax Planning

With the increasing complexity of families resulting from second marriages or relationships, cohabitation involving joint ownership of assets, the impact of care fees, and the effect of inheritance tax on an estate, there is very often a need to consider how to protect assets for the benefit of one or more people, especially on death. Planning ahead, especially through wills or lifetime trusts can help to address these issues.

Our experience has shown that most people would like to achieve some or all of the following objectives:

  • To ensure that you and, in the case of a couple, the survivor of you are financially secure for the rest of your lives.
  • To try to protect as much of your estate as possible for the ultimate benefit of your children, grandchildren or other beneficiaries, especially in the event of the survivor of you needing care or remarrying.
  • To try to protect particular assets for particular beneficiaries (i.e. business assets).
  • To try to save inheritance tax on death.

Our approach is to discuss your family, estate, your business (if you have one) and your priorities with you. We will advise you on appropriate ways to achieve your objectives and then prepare the necessary documents. As such, we work towards a solution which is tailor-made to your particular requirements.

Our specialists can advise on utilising business property relief and agricultural property relief for inheritance tax purposes, and can help you plan to pass your business down to the next generation.

We recognise that families and estates change over a period of time, and encourage a regular dialogue and an on-going relationship to review the arrangements which are put in place.

If you would like further information please contact us on 023 9238 8021 or click below to send an email.


What our clients say

Excellent service – very pleased, all my questions were answered and anything I was not 100% sure on was fully explained.