Estate Planning Services

Secure Your Legacy: Comprehensive Estate Planning in Leeds

Planning for the future ensures your loved ones are taken care of, no matter what. At Lazenby’s Financial Services in Leeds, our dedicated team provides personalised estate planning solutions to safeguard your assets and distribute them according to your wishes.

NB: The Financial Conduct Authority does not regulate Estate Planning.

Peace of Mind for Your Family

Protect Your Legacy: We help you create a clear and effective estate plan that minimises potential legal complications and ensures your assets reach their intended beneficiaries.

Tax-Efficient Strategies: Our experienced advisors explore strategies to minimise inheritance tax and other estate planning taxes, maximising the value passed on to your loved ones.

Future-Proof Planning: We understand that life circumstances change. Our estate plans are flexible and can be reviewed and updated as your needs evolve.

Types of Estate Plans

Estate planning is not only preparing for what happens to your assets when you pass away or if you become incapacitated. Therefore, there are a number of different estate planning solutions that you should be aware of:

Wills

A legal document stating who you wish to inherit your assets after you die.

Assignments / Lasting Power of Attorney

A legal document that allows others to make decisions on your behalf either if you’re away or incapacitated.

Health Care Proxies

A legal document that allows others to make health care decisions on your behalf if you become incapacitated.

Trusts

A setup that allows assets to be managed by others (trustees) in the event of death or incapacitation.

Our Simple 3-Step Estate Planning Solutions

Free Initial Consultation: Get to know our team and discuss your goals for your estate. We'll listen carefully to understand your unique family situation and financial objectives.
Customised Plan Development: We research the entire market to identify the most suitable estate planning tools for your specific needs. This may include wills, trusts, powers of attorney and beneficiary designations.
Ongoing Support and Guidance:We remain by your side throughout the process, providing ongoing support and keeping you informed of any legal or tax changes that might impact your estate plan.

The Lazenby's Advantage:

Sustainable & Ethical Investments

Align your estate plan with your values by incorporating sustainable and ethical investment options.

Hassle-Free Experience

We handle the complexities of estate planning, allowing you to focus on what matters most - your family.

Client-Centric Approach

We are committed to exceeding your expectations and building a long-term relationship based on trust and clear communication.

Access To Investment Market

We have access to funds from the whole of the investment market and dozens of offshore bond providers. As a result, our services are flexible and bespoke to your personal goals.

About Lazenby's Financial Services

As a growing, independent financial advisor in Leeds, we understand how important it is to create a secure, long-term financial future. This is not only important for yourself, but for your family too, which as a family-run business, we understand better than most. We genuinely care and appreciate how long-term financial planning will help you to achieve your goals, which is why we’re dedicated to being with you every step of the way.

From investment management to inheritance tax planning, the team utilise their knowledge and leading expertise to find the right estate planning solutions for you.

NB: The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. Past performance is no indicator of future performance, and investments can go down as well as up.

Alan has a rare understanding of how the world works and how money affects events and vice versa. My intuition led me to him, after I realised my last IFA's grasp of finances wasn't to be trusted in the present climate. Alan explains matters clearly and responds quickly to concerns - he is very generous with his time and knowledge. His investment advice paid for itself within a month of shifting investments through Lazenby's - we know investments can go up or down, but this was a complete turnaround for me. He should have his own show, but in the meantime, if you're looking for an IFA, look no further!

Suzie Tuke

Estate Planning FAQs

What is estate planning and why is it important?

Estate planning involves making arrangements for how your assets (property, possessions, money) will be distributed after you die. It also allows you to appoint someone to handle your affairs if you become mentally incapable. A well-crafted estate plan helps ensure your wishes are carried out, minimises family conflict and potentially reduces your inheritance tax burden.

What happens if I don't have a will (intestacy)?

If you die without a will (intestacy), the law dictates how your estate is distributed, which may not align with your wishes. This can lead to delays, unnecessary costs and potential family disputes.

What are the key documents in UK estate planning?

• Will: A legal document outlining how you want your assets distributed after death and who you appoint as your executor (to manage the estate).

• Lasting Power of Attorney (LPA): Allows you to appoint someone you trust to make decisions on your behalf regarding your finances and property if you become mentally incapable. There are two types of LPAs: Financial and Health & Welfare

• Trusts: Can be used to manage assets for beneficiaries, potentially reducing inheritance tax liability and ensuring assets are used as per your wishes.

Who needs estate planning?

Everyone should consider estate planning, regardless of age or wealth. It’s particularly important for those with:

• Assets to pass on (property, savings, investments)

• Minor children (under 18)

• Unmarried partners

• Complex family situations

• Concerns about inheritance tax

How much does estate planning cost in the UK?

The cost of estate planning in the UK depends on several factors. Lazenby’s Financial Services can help you navigate the process in a cost-effective way. Here’s a breakdown of some considerations:

• Complexity of your estate: Simpler estates with a straightforward will and basic asset distribution may require less extensive work compared to complex situations involving trusts, inheritance tax planning, or blended families.

• Services required: The scope of your estate plan will influence the cost. Basic will writing may have a lower fee compared to comprehensive plans involving Lasting Power of Attorneys, trusts, and in-depth tax planning strategies.

• Professional experience: Solicitors and financial advisors with extensive experience in estate planning may have higher fees, but their expertise can be valuable in optimising your plan and potentially saving on taxes or legal complexities in the long run.

How do I get started with estate planning in the UK?

A good first step is to consult with a qualified financial advisor or solicitor specialising in estate planning. They can assess your needs, recommend suitable solutions and guide you through the process.

Protect Your Loved Ones: Schedule a Free Consultation

At Lazenby’s Financial Services, we offer a free initial consultation to discuss your estate planning needs and explore cost-effective solutions. We can tailor a plan that fits your budget and ensures your wishes are met. We can also work collaboratively with trusted solicitors to ensure all legal aspects are addressed comprehensively.

By taking a proactive approach to estate planning, you can gain peace of mind knowing your loved ones will be taken care of after you’re gone.