Estate Planning

Estate Planning

About Estate Planning

Implementing a plan to protect your wealth is one of the most important things that you will ever do. The first step on the road to successful estate planning is to have in place an up-to-date, valid will that expresses your wishes accurately.

People who fail to draft a valid will are considered to have died intestate. In this situation, the law lays down a standard set of rules for the distribution of their assets.

Estate Planning

About Estate Planning

Inheritance tax

If you are single and your total assets exceed £325,000, the excess over this figure is liable to Inheritance Tax (IHT). For many married couples or civil partners, with the transferable nil rate band, the effective limit is £650,000.  You may also benefit from the residence nil rate band. If you are passing property to direct descendants this is £175,000 per individual giving a total effective limit of £1 million for married couples or civil partners. We can consider various planning methods such as gifting,  discounted gift trusts, loan schemes, life insurance in trusts and AIM related schemes.

Because your individual circumstances are unique, our estate planning service is tailored to suit your requirements.

If your total estate exceeds these limits, it is possible to plan so that payments of IHT are reduced or eliminated.

Free Initial Consultation

If you are having thoughts about using a financial adviser. You can find out more about Chadwick services with a free initial consultation. Whether by phone, in person or video call. 

Chadwicks IFA

Estate Planning Process

When you make contact with Chadwicks IFA. We will walk you through the below process to be sure that all your estate planning needs are met. Because your individual circumstances are unique, our estate planning service is tailored to suit your requirements.

01

Partner With A Financial Adviser

We will partner you will a qualified adviser who specialises in your area of interest.

02

Learning About Your Financial situtaion

An initial consultation will be arranged. Whether by phone, video call or in person depending on your situation.

03

Prepare Your Bespoke Report

Your Chadwicks adviser, along with a member of our paraplanner team will prepare your bespoke report. 

Choosing Chadwicks IFA

We realise that there are many options when it comes to Estate Planning. Here are just a few reasons to speak with Chadwicks IFA.

Over 100 years of collective experience

Advising clients for over two decades

Chadwicks Pension Planning

Find out more about estate planning:

To arrange a free initial consultation or speak with a member of our team. Simply contact us using the form on this page. Alternatively, call or email us using the below details:

Chester

01244 317 111

London

020 7692 0615

Email

website@chadwicksifa.com

Free Initial Consultation

To arrange a free initial consultation with one of our qualified Financial Advisers. Simply place your details into the form below and we will be on contact.