Evans Hart have always placed huge emphasis on fostering quality client adviser relationships.
We have to date, in addition to providing portfolio and tax planning advice, incorporated later life and wealth protection alongside the traditional adviser role. With changes to trust legislation, powers of attorney and Inheritance Tax legislation, we need to apply greater emphasis in these areas to your planning process.
Specialist guidance on wills, trusts, powers of attorney and generation planning will run alongside the financial planning aspects of our advice process, to enhance the advice outcome.
Wealth preservation is a two stage process
- The first step is to make adequate arrangements to ensure that your wealth and assets are protected and pass to the correct beneficiaries Although less than half of the population have taken steps to achieve this, many may not have the correct Will in place, or considered the efficient use of trusts to protect their estate
- Lifetime planning can reduce the chance of having to sell a property to pay for care, or to protect capital from an inheritance lost in future divorce settlements, to creditors or bankruptcy and also ensuring that a share in a business passes to those who should inherit. Inheritance Tax can generally be mitigated by the application of HMRC approved solutions using trusts and gifts to minimise the potential of a 40% tax charge, but without restricting flexibility.
Irrespective of your age or the value of your estate, making a Will and putting your affairs in order is one of the most important tasks that you are likely to undertake.