The life expectancy of the population increases every year and consequently issues affecting elderly clients are at the forefront of our minds.

Exiting from your business

Our Family Business Team can advise you on the most tax efficient way to structure your exit from the business with particular consideration to such matters as Business Property Relief for inheritance tax. We can advise on Trusts and family investment companies in order to protect funds released from the sale of the business.

Wills and statutory Wills

Succession planning will always start with the Will and we will look at all aspects of your estate and financial affairs. We can also discuss lifetime gifts and trust structures.

Where a person has lost capacity and they do not have a Will or it is out of date, a statutory Will may be appropriate. Our contentious team can assist with the application to the Court of Protection and the related paperwork.

Download and complete our Wills questionnaire to start the planning process today.

Powers of attorney

We recommend that all our clients should take out Lasting Powers of Attorney for property and affairs. These give the appointed person power to manage the affairs of a person who has lost mental capacity enabling them to sell property, buy and sell investments and to manage the estate in a tax efficient manner.

Lasting Powers for Attorney for health and welfare cover more personal decisions relating to the type of care you wish to receive, medical treatment and life sustaining treatment.

Living Wills

We also advise on Living Wills which enable people to elect to refuse medical treatment in certain circumstances.