What is estate planning?
Estate planning makes sure you have the correct and up to date legal documents in place when it comes to you and your estate. In other words, it's a clear plan that shows how you'd like your estate to be managed when you die or are unable or unwilling to make decisions for yourself.
- Estate planning helps safeguard your wishes so that your estate is taken care of by those you trust, and as you intended
- It can help protect your family and any other beneficiaries from the impact of inheritance tax
- Estate planning makes sure that when the person looking after your estate applies for probate they'll know what your wishes were
- There are a range of options, including wills, lasting powers of attorney (LPAs), trusts and living wills
Estate planning without the guidance and advice of a professional can be both overwhelming and complicated; our specialists are here to help.