Business Asset Protection Services
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.
Tax implications both now and in the future, any Trust that would help and the structure of the business, whether sole trader, partnership or a Limited company and the people chosen to run the business into future generations – all of which need to be detailed.
What business assets can you protect?
- cash and investments
- land and property
- machinery / plant vehicles
- licenses, trademarks and patents
If you run a business and want to pass it onto your family or children, you will need a Trust to ensure you can. NJ Legal Services cover business asset protection services across the UK – get in touch for advice. We also provide further financial services.
We offer a free, no obligation consultation at a time to suit you, to discuss your needs.
You can always email us directly at email@example.com with any questions you have about our services.
Review from Jenny Pearce
Nigel is very knowledgeable and we found his advice invaluable. A good listener and very personable. Nothing is too much trouble. We now have peace of mind, knowing we have put our affairs in order. Thank you Nigel.
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Consultations at a time to suit you
Estate Planning Consultant
STEP Registered & IPW Member
As meetings in person can be difficult with the current climate, we provide consultations over the phone and through video calls.
Contact us to book an appointment.
Anyone involved in business needs to consider what they would like to see happen to their business interest once they are no longer here.
- Is the Business a Sole Trader, a Partnership or a Limited Company?
- What type of Business is it?
- Can it carry on without the Current Owner?
- Would you like to Protect your Family’s Interest in the Business?
- Would you like to Protect Key People that are part of the Business?
It is possible that a Discretionary Trust may be the solution to the situation or it may be business clauses that are required to be included within the Will. Either way we are able to give advice on the best way forward depending on your individual requirements.
What options are available?
We can help provide the advice and options that are open to you and the relevant implications on the possible decisions arrived at.
We can discuss Business or Agricultural Property Relief and the impact on both Income and Capital Gains Tax, the correct planning can help save thousands of pounds further down the line.
The meeting for discussing this very important area can take place in the comfort of your own home or in the workplace whichever is more convenient for you.
Part of the discussion also helps focus the mind on areas often missing in business such as having a Partnership or Shareholders agreement in place and the importance of having Lasting Powers of Attorney drawn up to ensure the right person or people are in place.
Should an unforeseen accident or illness leave you without the capacity to make important decisions in the day to day running of your business, a Lasting Power of Attorney can protect your interests.
As the business develops over the years you will be able to turn to us for help with any changes that you may wish to make with regard to your Estate and Inheritance Tax Planning.
We are available from 9 am – 9 pm Monday to Friday and 9 am – 12:30 pm on Saturdays.
Give us a call or email us directly at firstname.lastname@example.org with any questions you have about our services.
Richard Greasley – We were recommended by a friend to use Nigel and the service has been fantastic. We had a virtual meeting to discuss our requirements and then within a few days the Wills were typed up by Nigel for me and my Wife to review. Would highly recommend and use for other needs in the future.
Martin Y – Excellent service. Nigel provides all the information required in a professional and patient way. Would highly recommend him.
Catherine Hicks – I contacted Nigel during the pandemic so all our discussions had to be held over the telephone. He was very professional, friendly and nothing was too much trouble. Any questions I needed to ask were answered quickly. I could recommend him for his services to anyone who may be interested.
Mr Fred Spencer – A friend of mine sent me the document written by Nigel, which was mainly about reducing the care fees that may be charged by our local council if either myself, or my wife needed to go into care. I found the document to be very informative and easy to understand. I then decided to talk to Nigel about what we may need to do in terms of our own Estate planning. Within minutes of talking to Nigel, he made me feel that he really had our interests at heart and he gave me quite a bit of free advice. As a result of this advice, we decided to commission NJ Legal Services to draw up new wills for us both and to change the ownership details of our property with the Land Registry. I would not hesitate to recommend NJ Legal Services and obviously, Nigel in particular, to friends and family. A truly easy and friendly experience.
Mrs Susan Hammerton – We were visited at home by Nigel who was friendly and very professional. His help and advice was given with patience and courtesy. Everything was explained perfectly. We are very pleased to recommend NJ Legal services.
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