Protecting your assets for many generations, not just one lifetime
The Assisted Estate Planning Strategy
Protecting your assets for many generations
The Assisted Estate Planning Strategy is designed for those who wish to protect themselves and their family's future inheritance more fully. It is for those who have worked hard to create wealth, even if most of that wealth is in their home. It is specifically designed for those who wish to ensure that the wealth they have created is protected as fully as possible now and for their generations to come.
The strategy uses a tried & tested combination of Wills, Trusts and Powers of Attorney to cover the most common threats to the asset base that most of us hold - our home, savings, investments, life assurance, pension plans & death-in-service benefits.
The Expertise Behind The Assisted Estate Planning Strategy:
Solidus Independent Estate Planning Ltd
· Established Expertise: The UK's leading Trust Service Company since 1996. Offers specialist advice in all aspects of Estate Planning, from drafting a simple Will through to drawing up complicated Trusts.
· Unmatched Reputation: Trusted by national financial adviser networks and major financial institutions.
· Guaranteed Solutions: Developed in collaboration with leading legal experts - Mills & Reeve LLP.
· Full Compliance: Our Trust framework is authorised by the Solicitors Regulation Authority and fully compliant with HMRC guidelines.
· Experienced Professionals: Our team holds STEP qualifications and decades of trust expertise.
What The Assisted Estate Planning Strategy Achieves
Writing a Will, ensuring the most effective legal ownership of your home and setting up Trusts, means that your assets are protected from attack in the following circumstances:
Marriage After Death
Placing half of the family home and other assets into Trust on first death ensures that, should the surviving spouse remarry, those assets cannot be taken into the second marriage. This removes any threat of the children being disinherited. The survivor is still able to use the assets in the Trust during their lifetime.
Divorce
Placing the assets into Trusts on death ensures that, if the children or chosen beneficiaries are subject to divorce proceedings, the inheritance they received from you is protected in any divorce settlements.
Creditors or bankruptcy
Placing assets into Trust on death ensures that, if any beneficiaries are subject to creditor claims or even bankruptcy, their inheritance cannot be taken into account in any claims.
Care
Holding the assets in Trust ensures that they do not add to the survivors own estate and so cannot be assessed by a Local Authority for care costs. This means it is more likely that the family home and other protected assets will pass to the chosen beneficiaries.
Life Assurance Policies
Writing a Life Assurance policy into Trust will ensure that any benefit payable will not be included as part of the beneficiaries estate and therefore cannot be included in any divorce or bankruptcy settlements and for any care or inheritance tax assessments.
Pension / Death-In-Service Benefit
Nominating any pension pension benefits to be paid directly to Trust will ensure that it will not be included as part of the beneficiaries estate and therefore cannot be included in any divorce or bankruptcy settlements and for any care costs or inheritance tax assessments.
Powers Of Attorney
Registering powers of Attorney means that a trusted person(s) has been appointed by you, to act on your behalf when you are no longer able to do so.
Further Or Generational IHT
Holding the assets in the Trust ensures that they do not add to the beneficiaries estate and therefore cannot be included in any inheritance Tax assessments.
Our FAQs
Explore the FAQs, news, and articles we've crafted in the blog section tailored for you.