Estate planning

We all want to provide adequately for family and friends who survive us, and no one wants their hard-earned wealth to pass to the Government! But the legislation that governs passing on an estate can seem complicated and difficult.

Planning well in advance increases your chances of taking full advantage of the available tax opportunities and maximising the benefit to your heirs. But it is equally important that you make adequate provision for yourself and your spouse in your later years. Managing your wealth to strike a balance between these two aims, while minimising tax costs now and in the future, calls for considerable skill and foresight, and a detailed knowledge of the tax regime.

At Booth Ainsworth, we provide an estate planning service that 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 agricultural or business property
• Transferring assets into trust
• Arranging adequate life assurance to cover potential inheritance tax liabilities

We strongly advise you to begin your estate planning right now. To arrange a preliminary review, see Contact Us.