Not many of us like to tackle the subject of passing away, but when it comes to ensuring your cash and assets are assigned to the right people when you’re no longer around, sooner is always better than later. At Lazenby’s, we are experts in providing impartial, independent advice to make sure your investments and assets are reallocated exactly how you wish. Why not get in touch to arrange a free initial consultation and see how our expertise could be beneficial to you?
How Does Estate Planning Work?
Everyone wants to ensure their investments are well protected, suited to their personal risk profile and of course, tax-efficient. Whilst you’re alive, nobody can do anything with your cash or assets without your consent, but that can quickly change upon your passing. Quality estate planning solutions can ensure the protection of your wealth and assets for future generations, preventing solicitors from interrupting your desires.
NB: The value of the investment can go down as well as up and you may not get back as much as you put in.
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.
Why Seek Independent Estate Planning Services?
Having a variety of asset types can make things complicated. When you have company shares, real estate investments, stocks, bonds, liquid cash and other assets with various banks, building societies and institutions, a once simple job can quickly turn complex. As experienced estate planning specialists, we can help bring simplicity back, whilst striving towards preserving capital, securing privacy and maintaining control. A family-run business, we take pride in guiding our clients through the entire process, always providing a professional but personal service.
Our Simple 3-Step Estate Planning Solutions
Step 1 – Initial Consultation
As with any collaboration in life, ensuring each party’s values and expectations are aligned from the get-go is paramount. Our initial meeting not only allows us to get an understanding of your background and situation, it also lets you get to know how we work and how we can help.
Step 2 – Estate Planning Preparation
With access to the whole of the market, we can research and present the best options available for your unique goals and risk profile. By setting up trusts, foundations and managed companies, we not only actively protect your privacy but can provide a tax-effective solution to managing estate duties, capital gains tax deferral and income tax.
Step 3 – On-Going Reviews
Estate planning isn’t a one-off event it’s a journey that our experts can guide you through to ensure you receive the best, independent advice for your needs. With eyes in corner of the investment market, we’re able to keep you informed of the latest opportunities and any changes to legislation that might affect directly affect you.
Why Choose Lazenby’s?
Sustainable & Ethical Investments
Committed To Client Care
Access To Investment Market
Lazenby’s Financial Services – A Family Run Business, With You For Life
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.
“Alan’s knowledge and expertise in the world of investments and wealth management is truly exceptional. For a person who isn’t the best with numbers and calculations, Alan has helped me understand, plan and more importantly, put into practice a long-term financial plan that will ultimately mean I will be able to retire when I want to, knowing that my financial future from that point on, is secure.”
– P Storey
Got A Question About Our Estate Planning Service?
We’re here to help you make the most out of your investments through smart estate planning and inheritance tax advice. Our family-run team are here for you with jargon-free, honest advice. For secure, financial solutions, drop us a line.
NB: The FCA does not regulate trusts and some forms of offshore investment and inheritance tax planning.