Professional Introducers
Private Client Lawyers
Advice to Trustees
The Trustee Act 2000 imposed new duties on Trustees, particularly
with regard to implementation of the standard investment criteria, which
requires them regularly to consider the suitability of investments held
within their Trust and states the need for diversification of the types
of investment held. We offer advice to Trustees on the suitability of
different asset classes, investment risk and diversification, as well
as on the most tax-efficient investment products, to meet the Trust’s
objectives.
Estate Planning
Much can be achieved by careful planning and drafting of wills,
and the ability to transfer the unused portion of a nil rate band between
spouses or civil partners has greatly improved the Inheritance Tax position
for many people. However, for those with larger estates alternative
planning solutions are still required and we are experienced in advising
on some less widely known opportunities to reduce the impact of IHT.
Estate Protection
Life assurance is usually seen as a last resort but its use in conjunction
with the right Trust arrangements can be a useful planning tool in preserving
hard-earned assets for the next generation for a fraction of the cost
of the IHT bill. We have many years’ experience in advising on
the most suitable type of policies, to provide you and your clients
with the reassurance that the policy they take out will perform the
task that they want it to.
Wealth Management
It is important for professionals and business owners, particularly
in the present economic climate, to be able to assess whether their
financial strategy is likely to meet their personal aims and objectives
and provide them with their desired lifestyle in retirement.
Using the latest financial modelling software, we can now offer your
clients a comprehensive financial plan which includes an invaluable
lifetime cashflow forecast. This enables them to assess whether, with
their present financial strategy they are likely to achieve their personal
lifestyle goals and remain financially secure for life or whether they
are likely to run out of capital at some point. Different scenarios
can be tested to show the effects on their plans of immediate catastrophes,
such as death of a partner, or enforced retirement due to illness or
disability.
This tool can also be of particular use to business owners in deciding if and when they will be able to afford to retire, or in calculating the sum that they need to realise from the sale of their business in order to achieve and/or maintain their desired lifestyle in retirement.