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Business Asset Protection

Business Asset Protection Services & Advice

Anyone who runs a business or that has business interests, needs to consider the implications of succession planning should anything happen.

IMPORTANT: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.

The advice needs to take into account, 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.

If you run a business and want to it onto your family or children, you will need a Trust to ensure you can. We cover business asset protection services across Nottingham, Derby, Sheffield, the Midlands and the South – get in touch for advice.

Call us on 0800 689 0923
info@njlegalservices.co.uk

We offer a free, no obligation home visit at a time to suit you, to discuss your needs. Contact us today.

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Business Interests 

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.

Give us a call to discuss business asset protection today on 0800 689 0923, or visit our contact page for more details.

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.

Give us a call to discuss business asset protection today on 0800 689 0923, or visit our contact page for more details.

Client reviews

5.0 rating

Graeme Tanner – Excellent service, friendly, professional and prompt, don’t hesitate to use nigel and his team.

5.0 rating

Iris Wheeldon – Nigel visited us at home to arrange a number of matters, more so our Powers of Attorney. Nigel explained everything in a really clear manner and checked our understanding throughout the meeting. When Nigel had left I felt like a weight had lifted! I can’t thank him enough. A lovely gentleman offering a very important service. I would strongly recommend Nigel to anyone needing help in planning their estate.

5.0 rating

Joanne Lamb – The will service was personal, professional, prompt and of excellent quality. I feel I have successfully secured my wishes and protected those dearest to me in the event of my passing. Absolutely worth the investment. Thank you Nigel.

5.0 rating

April-Dawn Martin – Nigel Johnson has been extremely helpful, honest, thoughtful with my personal details & thoroughly professional with regards to our Will. Along with other details I felt totally at ease & he has come across as extremely trustworthy, & really cared about us. He has made me feel like I’m his only Client, so thank you so much Nigel for caring enough to deal with us.

5.0 rating

Doreen – Nigel came to our house as my mum needed to make a new will. He was very professional but at the same time was friendly and easy going and that instantly put my mum at ease. He explained everything really well and l don’t think l could have found anyone better.
Thank you Nigel

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