Estate planning is the process of arranging the disposal of a person’s estate during a person’s life. It tends to eliminate problems and uncertainties over administration and maximise the value of an estate by reducing taxes and other expenses.
Nearly everyone has an estate. It comprises everything you own; your car, house, other property, bank and savings accounts, investments, life insurance, furniture and other personal possessions. No matter how large or modest, you cannot take it with you.
Beacon Wealth Legal realises how important it is to ensure, regardless of the value of your estate, that you are informed and kept up to date with the many exemptions and reliefs available. We can also discuss with you the implications of Trusts, whether they be for asset protection, for minors or vulnerable children or anything else.