Bespoke
Estate Planning
Solutions

With Finanze Legacy, it’s personal. Providing bespoke solutions for estate planning, wills, trusts and lasting powers of attorney for private and corporate clients.

AN INNOVATIVE BESPOKE ADVISER

We focus on exceptional
advice, service and diligence
for discerning clients.

Cutting edge strategies & solutions. Genuine bespoke client approach with advice and support.

Tailored approach to avoid a ‘one size fits all’ solution. Legal team expertise on all recent law and regulation.

Unique software processing solution ensures accuracy and efficiency.

First Section

"Failing to plan, is planning to fail."

SERVICES

ESTATE PLANNING

Estate planning is an important process to ensure that upon your death, all your wishes are followed accurately and any taxes due on your estate are comprehensively minimised.

Putting your savings, investments, life policies or assets into a trust can play an important part in estate planning. After a lifetime of hard work, you want to make sure you protect as much of your wealth as possible and bequeath it to the correct people. However, this does not happen automatically and if you do not plan for what happens to your assets when you die, more of your estate than necessary could be exposed to inheritance tax (IHT). You want to be sure that the right people will get the right amounts at the right time – and that they are ready to receive potentially large sums.

Estate planning is about more than just tax. It is about making sure the people left behind are financially supported, that your assets are protected, and that the tax your estate pays is fair. From making the most of exemptions, giving away excess income and creating trusts, there are numerous estate planning possibilities.

Estate planning can be an extremely sensitive, complex and nuanced area of planning so we will normally arrange a meeting and conduct a comprehensive review of your personal situation to ensure we can deliver the best outcome possible for you and your loved ones.

WILLS & TRUSTS

A will is a legal document that specifies how a person's assets should be distributed after their death. It can also appoint a guardian for minor children and make other important decisions about the disposition of a person's property.

A trust is a legal arrangement in which one person, called the trustor or settlor, transfers ownership of their assets to another person, called the trustee, to hold and manage for the benefit of a third party, called the beneficiary. There are many types of trusts, each with its own specific purpose, such as to manage property for the benefit of a minor, to provide for a disabled or incapacitated individual, or to reduce the impact of taxes on an estate.

Wills and trusts can be used together to accomplish a variety of goals, such as minimizing the impact of taxes on an estate, avoiding probate, or ensuring that assets are distributed according to the wishes of the person who created the will or trust. They can also be used to protect the assets of a person with disabilities, to provide for the care of minor children, or to ensure that charitable causes are supported after a person's death.

LASTING POWERS OF ATTORNEY (LPA)

A Lasting Power of Attorney, commonly referred to as a LPA, is a powerful legal document which appoints one or more people (known as your ‘attorneys’) to act on your behalf during your lifetime if you (known as the ‘donor’) become mentally incapable to make your own decisions. Your attorneys can be family members, friends or a legal professional if you wish. You must be 18 or over and have mental capacity to make a LPA.

There are two different types of Lasting Powers of Attorney, one for decisions relating to your property and finances, and one for decisions relating to your health and welfare. They are separate documents and whilst you can make an LPA for just your finances or for just your health and welfare, it is strongly recommended that you make both.