Protecting your assets
In today’s world, peoples personal wealth and assets have never been greater. Families now amass far larger estates and whilst comforting at the same time when it comes to passing on an inheritance, it can cause problems.
Through careful planning it is possible to plan and cater for the following:
LONG-TERM CARE – Without planning your assets could end up being taken by the local Authority and sold to fund your care fees.
I.H.T. – Without planning, your family may be liable to pay unnecessary tax (40%) on their inheritance.
SIDEWAYS – DISINHERITANCE – Without planning, your children could miss out on their inheritance! If you die and your spouse remarries, your estate may pass to your spouses new family – leaving your children disinherited!
If you would like to know how to protect your assets, please Contact Us for a FREE consultation.