Estate Planning

Many people now fall into the "affluent bracket" i.e. assets over £500,000; where estate planning is so important.

A large number of clients are unaware that as a result of increasing property values during the last twenty years, coupled with cumulative values in pensions and savings, that their assets or estates in the event of death would incur the dreaded Inheritance Tax.

I'm sure most prudent families would rather legitimately plan to mitigate this tax via estate planning rather than give 40% to the Tax Man.

One of the most basic elements of estate planning is the creation of a will, and William James can arrange this for you. William James will introduce you to a wealth manager who will explore all options to minimise any potential inheritance tax via methods such as life insurance policies and or family trusts. For larger estates and if applicable, off shore tax planning may be more suitable and William James will be able to introduce you and adviser for this specialist service.