
ESTATE PLANNING
Nobody likes to think ahead to our death, but in this world of complex tax legislation, it is critical to plan now for what will hopefully not happen for many years. Failing to make the right provision now could be extremely costly; not only could your family suffer but a substantial slice of your hard-earned wealth could be taken in tax.
It’s just as important when you’re planning to transfer your estate that you make adequate provisions for yourself and your partner or spouse in your later years.
Lawrence Chartered Accountants will:
Work with you to help plan or review your will
Make sure you make full use of exemptions and lower tax rates available on lifetime transfers
Optimise lifetime transfers between spouses
Transfer business property
Transfer assets into a trust
Arrange adequate life insurance to cover any potential inheritance tax liabilities.
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