Proactive planning can help you manage what happens to your estate both during and after your lifetime.

Consider the pros and cons of gifting, the use of Trusts and Will Trusts, and the potential exposure to market conditions, legislation changes and care costs.

Advanced thinking can also reduce the burden of Inheritance Tax, iron out the potential practical challenges, and save time and stress for your loved ones during the probate process.

Give clarity on what you want to happen, be that a Letter of Wishes, a comprehensive guide into your estate and interests, or formalised in your Will.

We sometimes refer to this as Stage 2 Planning, putting in place the guidance to support your family through the probate process, from making practical plans with your loved ones through to leaving a guide on what to look out for during the probate process and beyond.