Estate Planning is the process by which an individual or family arranges the transfer of assets in anticipation of death. An estate plan aims to preserve the maximum amount of wealth possible for the intended beneficiaries as well as provide flexibility for the individual prior to death.
Wills and trusts are common ways in which individuals dispose of their wealth.
Trusts, unlike wills, have the benefit of avoiding probate, a lengthy and costly legal process that oversees the transfer of assets.
Sometimes, it is possible to make inter vivos gifts (gifts made while the donor is alive) in order to minimise taxes.
Planned estate and inheritance planning will allow you to preserve your assets and distribute them in the manner that you wish whilst at the same time minimising taxes.
The broad procedure of our will and estate services are outlined below.