wills & estate planning

Humphrey & Co offers comprehensive estate planning services to individuals who are concerned about the impact of capital taxation on their estates.

 

Private Clients:

  • Quantifying the extent of any potential inheritance tax liability
  • Advising you on the various reliefs and exemptions that are available to minimise that liability and assisting you in implementing any chosen course of action
  • Assisting you with the creation of any lifetime trusts that might be appropriate as part of your planning
  • Discussing with you your choice of beneficiaries and the extent of your obligations towards your dependents
  • Advising you on the most tax-efficient ways of leaving your estate to your chosen beneficiaries
  • Advising you on ways in which you can protect your estate and the interests of vulnerable beneficiaries from the claims of third parties
  • Reviewing the terms of your will and advising you on its adequacy for meeting your wishes
  • Preparing a new will for you as necessary, in conjunction with your existing legal advisers if appropriate
  • Introducing you to trusted financial advisers if we perceive a need for life assurance and other forms of insurance or investmentrelated tax planning

 

Business Clients:


In addition

  • Advising on the availability of business and agricultural property reliefs to be offset against inheritance tax
  • Examining ways in which your business can be restructured to improve the availability of these reliefs
  • Reviewing the existing management and ownership structures with a view to securing the most efficient ways of passing on your business to the next generation while maintaining its structural integrity

Inheritance Tax & Will-planning Services

 

A properly drafted will enables you to decide who will inherit your estate and on what terms, who will be your executors and, if you have children, who will be their guardians should you die before they are adults. The way in which you leave your estate can have a major impact on the level of taxation when you die.

 

We assist clients in planning their affairs so as to minimise the future impact of taxation on death and the orderly transmission of wealth to future generations.

 

For more information or to arrange a FREE no obligation consultation please contact us