Guide to Estate and Trust Planning

2019 Guide to Estate and Trust Planning

2019 Guide to Estate and Trust Planning

Helping you plan for your future and your family’s future

Guide to Estate and Trust Planning

This guide is designed to give you a basic understanding of Estate and Trust Planning and the issues you may face. We look at various ways you could reduce a potential Inheritance Tax liability in order to pass on as much wealth as possible.

This guide addresses the main arrangements available to individuals.

The language used throughout this guide is technical due to the nature of the subject. We always recommend that you obtain professional financial advice before making any decisions. We can help you understand these technical issues and make any decisions that are appropriate for your personal circumstances.

We have included a ‘glossary’ of the technical terms to assist you.

Estate planning is not just about reducing tax. It’s about giving you peace of mind for the future, knowing you’ll have enough after retirement and your loved ones will have the financial support they need, which is why it’s essential to make sure your wealth is protected for you and your family. By structuring your assets in a tax-efficient way, you can make sure everyone is provided for in the future.

There are many factors to consider: from simple gifting to more advanced planning with various entities, we can help you transfer assets to your beneficiaries in a manner that is consistent with your goals and objectives. We provide an extensive range of services, plus the ability to tailor solutions based on your specific needs.

It’s not easy projecting yourself into the future and seeing what‘s around the next bend. Benjamin Franklin famously said: ‘Nothing can be said to be certain, except death and taxes.’ But while there’s nothing any of us can do about the former, there are steps you can take to legitimately reduce a potential Inheritance Tax liability. By structuring your assets in a tax-efficient way, you can make sure everyone is provided for in the future.

2019 Guide to Estate and Trust Planning: Inheritance Tax
2019 Guide to Estate and Trust Planning: Inheritance Tax

Will you be one of the thousands of households in Britain that will have to pay Inheritance Tax? What’s the best way to avoid… Read More »

2019 Guide to Estate and Trust Planning: Residence nil-rate band
2019 Guide to Estate and Trust Planning: Residence nil-rate band

The Inheritance Tax residence nil-rate band (RNRB) came into effect on 6 April 2017. The RNRB provides an additional nil-rate… Read More »

2019 Guide to Estate and Trust Planning: Making financial gifts
2019 Guide to Estate and Trust Planning: Making financial gifts

Some people like to transfer some of their assets whilst they are alive – these are known as ‘lifetime transfers’. Whilst… Read More »

2019 Guide to Estate and Trust Planning: Making a Will
2019 Guide to Estate and Trust Planning: Making a Will

If a person wants to be sure their wishes will be met after they die, then it’s important to have a Will. A Will is the… Read More »

2019 Guide to Estate and Trust Planning: Trusts
2019 Guide to Estate and Trust Planning: Trusts

Trusts are not a one-size-fits-all solution, but they are incredibly useful for protecting and giving you control over your… Read More »

2019 Guide to Estate and Trust Planning: Lasting power of attorney
2019 Guide to Estate and Trust Planning: Lasting power of attorney

A lasting power of attorney (LPA) enables individuals to take control of decisions that affect them, even in the event… Read More »

2019 Guide to Estate and Trust Planning: Wealth preservation
2019 Guide to Estate and Trust Planning: Wealth preservation

Whether you have earned your wealth, inherited it or made shrewd investments, you will want to ensure that as little of it… Read More »

Time to create a bespoke plan that works for you and what you want to achieve?

Every family is different, and every estate is unique. We understand this, and we work with you to create a bespoke plan that is tailored for you and what you want to achieve.

To find out more about how we can help and our Estate and Trust Planning services, please contact one of our experts here at Mercier Allen – don’t leave it to chance.

To download the full guide please click here.

Content of the articles featured in this publication is for your general information and use only and is not intended to address your particular requirements or constitute a full and authoritative statement of the law. They should not be relied upon in their entirety and shall not be deemed to be, or constitute advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles.For more information please visit www.goldminemedia.co.uk

  • All content has been sourced from Goldmine Media.

    Content of the articles featured in this publication is for your general information and use only and is not intended to address your particular requirements or constitute a full and authoritative statement of the law. They should not be relied upon in their entirety and shall not be deemed to be, or constitute advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles.