We focus on you, the individual, by listening and establishing what it is you would like to achieve and then providing you with the right solution.
Take a look at all our services below:
Will Drafting Services
It is important to have a Will in place so that you can direct your chosen representatives, also known as ‘Executors’, to carry out your wishes and pass on your Assets to the people that you choose.
Without a Will in place, intestacy law dictates what happens to the Assets in the Will. The outcome is dependant on the situation – we can advise you what could happen if you don’t have a Will and you want to pass on Assets.
Lasting Power of Attorney Services
This is such an important area and greatly misunderstood by the majority of people. We believe that appointing a power of attorney is just as important as making a Will.
We have considerable experience in this area and we are able to offer a very competitive quality service for completing Lasting Power of Attorney on your behalf.
Probate Matters and Advice
Probate is a greatly misunderstood subject and causes some confusion when someone passes away. It can be a complex area and it can also be relatively straightforward.
The main thing to understand is that a Grant of Probate is only a requirement if a financial institution requests it after the death of someone.
Setting up a Trust
A Trust is a way of managing assets (money, investments, land or buildings) for people. There are different types of Trusts and they are taxed differently.
Trusts are an excellent way of protecting Business Assets for beneficiaries, including family members. This is also an ideal way of utilising Business Property Relief and reducing Inheritance Tax.
Property Protection Trusts
This is a very important area to consider when deciding on making your Will. This type of trust can only be created when both partners are both still alive.
The property needs to be owned as tenants in common, we are able to change this for you. The Trust instrument is then included in both wills however this does not come into force until first death.
A Disabled Trust offers a solution to meet the needs of someone who is the beneficiary of funds, but also enjoys a regular state benefit for the disability that he or she may have.
Very often due to the disability there has been a means test that ascertains how much the person should receive in the way of benefit on a regular basis.
A Discretionary Trust is an ideal way to protect Assets for the future by ring fencing investments, property, business assets and other valuable items and providing benefits for loved ones and future generations.
The very word Discretionary gives the Trust flexibility to provide capital or income or both for potential beneficiaries and is run by appointed Trustees. These trustees should be a maximum of four and a minimum of two.
Financial Planning Advice
We have partners that have many years’ experience advising people about their financial planning whether it is for Investments, Pensions, Life cover or Inheritance Tax planning.
Our free and impartial advice is available from St James Place Wealth Management.
Long Term Care Planning
This is a very complex and controversial subject, people are fully aware of the possible need for long term care and the majority of people are very concerned about losing their savings and home to pay for this care.
The whole area of social care is confusing to the public and we here of different rules for different areas also known as a post code lottery.
Setting up a Pre-Paid Funeral
A pre-payment funeral plan is an excellent way of providing you and your family with complete peace of mind for taking care of your funeral arrangements when you have gone.
They have the added advantage of saving your beneficiaries money over the long term, so that they will receive a greater share of your Estate.
Inheritance Tax Advice
The value of everyone’s estate is taken into account when evaluating Inheritance Tax.
All UK domiciled persons have an individual allowance currently £325,000 before any Inheritance Tax is due this is also known as the Nil Rate Band Threshold (NRBT).
Business Asset Protection Advice
Anyone who runs a business or that has business interests, needs to consider the implications of succession planning should anything happen.
Planning will ensure that the Assets and control of the business remain with the people that you have decided should influence the running of the business.
Secure Document Storage
We offer a unique service that involves much more than the safe, secure document storage of your Wills.
We have come across many clients who have paid out considerable additional sums of money when they needed to make a change to their Will/s.
Our clients are very happy with our services and have rated us 5 stars!