Trust and Estate Solicitors
Why Consider Trusts and Estate Planning?
At Wason Male & Wagland LLP Solicitors, we provide expert guidance and comprehensive services in trusts and estate planning to help you protect your assets, plan for the future, and ensure your wishes are honoured.
Effective trusts and estate planning can provide numerous benefits, including:
- Protecting Assets: Safeguard your wealth for future generations.
- Tax Efficiency: Minimise tax liabilities and maximise the value of your estate.
- Control and Flexibility: Maintain control over how and when your assets are distributed.
- Provision for Loved Ones: Ensure your loved ones are provided for according to your wishes.
Our Trusts and Estate Planning Services
Our team of experienced solicitors offers a wide range of services tailored to meet your individual needs:
- Initial Consultation and Assessment
- Personalised Advice: We will discuss your objectives, family circumstances, and financial situation to provide personalised advice.
- Assessment: Evaluate your assets and identify the most suitable estate planning strategies.
- Wills and Trusts
- Will Drafting: Create or update your will to ensure your wishes are clearly documented and legally binding.
- Setting Up Trusts: Establish various types of trusts to protect and manage your assets, including:
- Discretionary Trusts: Provide flexibility in distributing assets to beneficiaries.
- Bare Trusts: Simple trusts where beneficiaries have an immediate and absolute right to the assets.
- Interest in Possession Trusts: Allow a beneficiary to receive income from the trust assets while preserving the capital for others.
- Charitable Trusts: Support charitable causes in a tax-efficient manner.
- Inheritance Tax Planning
- Tax Strategies: Develop strategies to minimise inheritance tax liabilities, including lifetime gifts, business property relief, and agricultural property relief.
- Gifts and Transfers: Advice on the tax implications of making gifts and transferring assets during your lifetime.
- Lifetime Planning
- Lasting Powers of Attorney (LPA): Prepare and register LPAs for Health and Welfare and Property and Financial Affairs to ensure your wishes are respected if you become unable to make decisions.
- Living Wills: Create advance decisions to outline your preferences for medical treatment in specific situations.
- Trust Administration
- Ongoing Management: Provide ongoing trust administration services, including asset management, record-keeping, and tax reporting.
- Trustee Advice: Advise trustees on their duties and responsibilities to ensure compliance with legal obligations.
- Business Succession Planning
- Family Business: Develop succession plans for family-owned businesses to ensure a smooth transition and continuity.
- Partnership Agreements: Draft partnership agreements and shareholder agreements to outline the terms of business ownership and succession.
- Foreign Assets
- International Estate Planning: Advice on the complexities of managing and distributing foreign assets, ensuring compliance with international laws and regulations.
- Charitable Giving
- Philanthropy: Help you structure charitable donations and establish charitable trusts to support causes that are important to you.
- Dispute Resolution
- Estate Disputes: Provide mediation and legal representation to resolve disputes that may arise during the administration of trusts and estates.
Why Choose Us?
- Client-Centric Service: We take the time to understand your unique needs and provide tailored solutions.
- Clear Communication: We ensure you understand your options and the implications of your decisions.
- Expertise and Experience: Our team has extensive experience in trusts and estate planning, offering you the best possible advice.
- Compassionate Support: We provide compassionate and empathetic support, recognising the sensitive nature of estate planning.
We offer transparent pricing with a clear estimate of costs provided at the outset. Our fees are competitive, and we offer flexible payment options to suit your needs.
For further information or to arrange a consultation with one of our trusts and estate planning specialists, please contact our dedicated team on 01707 664 888. At Wason Male & Wagland LLP Solicitors, we are here to help you plan for the future with confidence and peace of mind.
What Our Clients Say
At Wason Male & Wagland LLP, we've satisfied several clients and given them peace of mind through legal matters. See what they have to say.