Estate Preservation
Need to structure your wealth and assets in a more tax-efficient way?
Effective estate preservation planning aims to ensure the wealth you have accumulated during your lifetime is distributed to the right people, at the right time and as tax-efficiently as possible. You’re likely to want to pass as much of your wealth to your loved ones as possible. And you’ll want to provide for your dependents, especially your spouse and children.
At Bradstock Bourne we’re here for all of life’s milestones to help your prepare for the future. We are able to help you navigate the complexities of estate planning, Inheritance Tax and setting up trusts, for seamless family transitions.
Preserve more of your estate legacy
Inheritance Tax is no longer confined to the super-rich. If, like many people in the UK, your assets (property, savings, investments, other assets, wherever in the world they are held and any gifts you give away in the seven years leading up to your death) exceed £325,000, they could be subjected to a 40% Inheritance Tax charge, which would exacerbate an already stressful time for your loved ones.
With careful planning, Bradstock Bourne will help you preserve more of your estate legacy, without compromising your financial security. By helping you with Inheritance Tax mitigation, or working with your solicitor on appropriate Will and Trust structures, we will ensure you can you pass on your wealth tax-efficiently. For added reassurance, we can also help with a range of protection solutions, including life assurance to protect your family.
Passing assets to the next generation
By structuring your estate tax-efficiently, HM Revenue & Custom’s (HMRC) claim on your estate could be minimised so your loved ones receive more of your wealth. This may reduce the need for your beneficiaries to sell your assets quickly in order to meet an Inheritance Tax bill. It should also reduce the amount of paperwork for them and avoid costly disputes with HMRC.
Bradstock Bourne can advise you on how to structure your assets appropriately to pass more of your wealth to your chosen beneficiaries. We will review your current situation and help you determine how you want your estate to be distributed and keep you apprised of the current rules, as levels and bases of taxation are liable to change in the future.
To find out more, please contact Bradstock Bourne.
Learn more about our services
For a complimentary, no obligation consultation, please contact our highly experienced team of In-dependent Financial Advisers on (0115) 941 8585 or email info@bradstockbourne.co.uk.
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