Estate Planning

We all want our families and other people close to us to be financially secure when we are no longer around. That's why it makes sense to talk to the estate planning experts at HB&O Chartered Accountants and Financial Advisers in Leamington Spa, Coventry and Warwickshire.

Under the legislation that regulates the passing on of estates, the earlier you start your estate planning the greater your opportunities will be to make your arrangements as tax-efficient as possible.

For example, a lifetime discretionary trust can be a flexible and efficient form of tax planning. By placing certain assets into a trust, administered by trustees, you take those assets out of your estate but retain control over what happens to them by the terms of the trust, which set out when and what beneficiaries receive. You can also name yourself as a trustee.

At the same time as you seek to minimise your inheritance tax liabilities, you also want to retain enough capital and income so that you can enjoy a comfortable standard of living. Making the right provision for yourself and your partner for your later life, when your housing, health and care needs may change in the short or longer-term, is essential.

In planning for long-term care, our HB&O Financial Services team of Independent Financial Advisers (IFAs) offer detailed knowledge of financial planning for one of the biggest financial commitments you are ever likely to make.

By working with HB&O Chartered Accountants and Financial Advisers, you'll have access to specialist estate planning and tax expertise. Our service includes:

  • help with drawing up and reviewing your will
  • making full use of exemptions and lower tax rates on lifetime transfers
  • optimising lifetime transfers between spouses
  • transferring assets into trusts
  • arranging life assurance to cover potential inheritance tax liabilities. 

Need further information - please get in touch.