Estate Planning For Beneficiaries

We offer an estate planning service for those who have been left a substantial legacy, or who inherit part of an estate. Your inheritance may change your personal circumstances and it's a good idea to think about whether there are any steps you need to take. This very brief guide will help you with that.

Your will

If you don't have a will, you should think about drawing one up: it allows your estate to pass as you wish rather than under the laws of intestacy, but is also an opportunity to think about inheritance tax planning. If you do have a will, you should review it in the light of your changed circumstances.

Sharing your wealth

Wanting to provide for those close to you is often at the forefront of a beneficiary's mind. There are different ways to do this, and it's important to understand the tax implications of each one. It's also important to consider carefully whether you might need access to the assets you have received in the future. An outright gift