We are specialist Estate Planning solicitors within Croydon and Central London and have a strong reputation in assisting clients with Succession Planning. We offer competitive pricing and offer a bespoke Estate Planning service to all our clients.
When you have spent many years nurturing your wealth, we understand that you’ll want to do everything you can to pass it on to the next generation, as efficiently as possible.
What you may need help with
It might be that you’re clear in your aims and intentions, but we know that such a unique asset can sometimes cause you a headache in deciding what to do for the best. Perhaps you may need help in deciding how to pass your assets to those involved in your business, whilst remaining fair to the rest of your family. Or you might want to find a way of providing for your children from a previous marriage, or to consider how best to split your assets between your family members and charities.
Relief from Inheritance Tax
You may also be interested to know about the valuable reliefs from Inheritance Tax which the government currently offers in certain circumstances. These can really help to shield some or all of your assets from the charge to tax, but there are various, tricky hoops to jump through in order to get you there.
How Barnes Harrild & Dyer Solicitors can help
Whatever your position, we can help. Our priority is to listen to your intentions for the future and to offer you clear, concise advice on the options for you for succession planning, perhaps putting these together for you in a Will. We have much experience finding practical solutions for situations like yours and we’ll work closely with our network of specified experts to work out the solution that’s right for you.
We can advise you on:
• succession planning specifically for business owners
• structuring of family wealth for the next generation
• protecting assets for children of previous marriages
• Inheritance Tax reliefs and exemptions for business owners and heritage property owners
For further information and a free telephone consultation, call our Central London or Croydon offices today on 0344 444 8216. Alternatively, reach out to us via the blue contact boxes at the top of this page, and speak to a senior lawyer.