Estate Planning

Private

You can’t take it with you. But with our help you can ensure that everything you’ve worked so hard for will go to the right people when you meet your maker.

None of us like to think or talk about death but, given that (as the old saying goes) the only certain thing in life is death, it would be imprudent not to plan for the inevitable and make provisions for our loved ones after we pass.

When it comes to planning for your death, it can be tricky to know where to start. Of course you need to make a Will – and you will want to take advice from a solicitor about what should be included in your Will – but there is more to it than that:

  • There’s the value of your assets to consider. How do you know what your assets will be worth in 10, 15, 20 or 30 years time?
  • What about Inheritance Tax (IHT)? Without proper Inheritance Tax advice and planning you might unwittingly end up leaving your loved ones with a substantial IHT liability when you die.
  • You might want to think about making a Life Time Gift – but how do you do this and what are the Tax consequences if you die within 7 years of making the Life Time Gift?
  • Or what about creating a Family Trust? What is a Family Trust Scheme? How do you set up a Trust?
  • And what about Care Home fees? Estate Planning isn’t just about planning for your death, its also about anticipating the events that could lead to a deterioration in the value of your Estate. So how can you be certain that your children’s inheritance won’t end up lining the pockets of Care Home owners?

Yes, it’s a bit of a minefield, but we can help bring clarity to the Estate Planning process.  We can talk to you sensitively and knowledgably about the practical and ethical approaches you can take to ensure that as much your hard earned cash as possible goes to your loved ones, and as little as possible goes to the Government.

And with the benefit of our Cash Flow Modelling service we can help you to better visualise the future worth of your assets so that you can even more effectively mitigate any risk to your Estate.

Clarity: clear, rational, sympathetic Estate Planning advice.

Clarity’s communication skills and extensive knowledge of financial services are outstanding. Coupled with their honesty and integrity the client knows they are in receipt of 'best advice'.

Robert, Devon