Estate Planning

Few of us like to think about dying, but equally few of us could live with the thought that we have not made adequate provision for family and friends who survive us. 

Passing on your estate to your chosen beneficiaries requires advanced planning. As a leading firm of Chartered Accountants in Essex we will discuss with you your plans and help you to identify what course of action you could take in order that they can be met. Since none of us knows when we will die, this means making the necessary provisions now. 

The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries with the minimum tax. Nothing is more demoralising than the thought that a substantial slice of the wealth you have worked hard to accumulate will end up in the Government's coffers! 

It is equally important when planning to transfer your estate that you make adequate provision for yourself and your spouse or yourself and your civil partner in your later years. Striking this balance calls for considerable skill and foresight - and a detailed knowledge of the tax regime. We will liaise with your solicitor, your financial adviser, your legal adviser or others persons as necessary, after receiving your approval to do so, to make sure your Estate Planning will provide what is best for you

Our Estate planning team is led by Chris Harman and assisted by Gill Philpott. They are both Chartered Tax Advisers and Gill is a qualified member of  the Society of Trust and Estate Practitioners. The team provide a discreet estate planning service that includes:

• Reviewing your will
• Making full use of exemptions and lower tax rates on lifetime transfers
• Optimising lifetime transfers between spouses
• Transferring agricultural or business property
• Should you create a trust?
• Transferring assets into trust
• Arranging adequate life assurance to cover potential inheritance tax liabilities
• Should you consider the purchase of a specialised investment to reduce IHT?

We strongly advise you to begin your estate planning right away by contacting Chris or Gill on 01376 326266 for a preliminary review. Alternatively if you would like them to contact you please use the link set out below:

Contact me about Estate Planning