Estate Planning Filton

Here at The Lost Coin Financial Planning Ltd, we offer independent estate planning in Filton and across the surrounding areas. Estate planning is the process of a person arranging what will happen to their estate upon their death or if they become incapacitated in any other way. As independent estate planning specialists in Filton, we can provide advice and practical support in ensuring your estate is distributed the way you want it to be. Over the years we have worked with many individuals from across Filton and have developed a well-known reputation for the estate planning service we offer.

When you choose The Lost Coin Financial Planning Ltd for estate planning in Filton, we will work closely with you to ensure all of the estate is accounted for, plans are in place for distribution and that inheritance tax is also managed fairly. We are committed to providing a professional and transparent service and it’s our aim to put in place the most effective plan for the size of your estate and its assets. If you’ve been searching for “Estate Planning Filton”, then be sure to contact The Lost Coin Financial Planning Ltd today. One of our team is always on hand to assist.

Wills and Estate Planning Filton

The key to estate planning is to understand the full value of your estate, the nature of those assets on death and how you would like the proceeds divided between your loved ones, wider family, friends and charity. Certain assets such as commercial property, farmland, private company and some AIM listed shares attract valuable tax reliefs. You need to think carefully about whom you leave these assets to on your death, if you wish to minimise any future inheritance tax that may become payable. There are also ways of writing your will to leave some monies to charity and thereby pay a lower rate of inheritance tax.

When you are living with someone to whom you are neither married nor in a civil partnership it is even more important to write a will. The laws within England and Wales do not currently recognise such “common law” relationships and so there can be some unintended consequences. It also gets complicated with children from more than one relationship, both in terms of guardianship and financial provision.

Outside of wills you should update your “expression of wishes” on your pensions and company death in service plans. Most modern pension plans have flexible death benefit options and no tax payable where the member dies before age 75. But older pension plans often payout a lump sum to the widow(er) which then forms part of their estate and potentially subject to future inheritance tax. We check all our clients plans for such details and recommend replacements where that will be in your best interest.

After taking some independent legal and financial advice please write a will – it will not kill you and you will save your loved ones a lot of grief, at a stressful time of their lives. We do not offer will writing services, but we can give you the names of local will writers and trust specialists whom we have met in person. We work with such individuals to achieve the best outcome for you, that meets your requirements, whilst keeping a balance of access, control and flexibility for the future. We also work with specialists in estate administration.

Offering Estate Planning Services in Filton

We offer a comprehensive range of estate planning services to our clients based in and around the Filton area. It’s our aim to ensure your wealth is protected for both you and your family and we will ensure everything is structured in a way you can understand and that everyone is provided for in the future as well. We have years of experience carrying out inheritance estate planning in Filton, which has helped us to become one of the leading choices in the area. Some of the estate plan services we offer to our clients across Filton are:

  • Wills
  • Wealth Management and Distribution
  • Succession Planning
  • Inheritance Tax Planning
  • Trust Funds
  • Much More…

Our estate planning service is not just about reducing tax, it’s there to give you and your family peace of mind that everything will be taken care of should anything happen to yourself. Should you require more information on our Filton estate planning service or if you’d like to book an appointment, then please don’t hesitate to contact us. One of our team is always on hand to answer questions and deal with enquiries.

Importance of Estate Planning

Estate planning isn’t only for the rich and without an effective estate plan settling your finances and affairs could leave your family tied up for months if not years. The impact on your loved ones by not having an estate plan could have both a financial and emotional impact on them. We recommend that everyone who has some form of assets, whether it’s a luxury car, money in the bank or property, that you have a bespoke estate plan in place. We offer tailored estate planning solutions to our clients across Filton and we aim to make the process as stress free as possible.

Benefits of Effective Estate Plans

As one of the leading estate planning firms in Filton, we are passionate about estate planning and we are firm believers that everyone should have an effective plan in place. Estate plans offers a great number of number of benefits, some of which are:

  • Your gain a greater understanding of the true value of your estate
  • It allows your loved ones to better plan for their own futures
  • You can calculate your future income and balance it against what you’re wanting to leave
  • It can help to minimise the impact of inheritance tax
  • You might discover assets or funds that can be used to support your loved ones now

Why Choose Us For Estate Planning in Filton?

Over the years we have provided estate planning advice and services to clients in and around the Filton area. We have had some great feedback and having listened to this, we believe some of the reasons you should choose us for estate planning in Filton are:

  • We have years of experience in the estate planning industry
  • Team of professional estate planners
  • We cover Filton and many of the surrounding areas
  • Well-known both locally and in the industry
  • We tailor your estate plan to suit you

For Estate Planning Solutions in Filton Contact The Lost Coin Financial Planning Ltd

If you’ve been searching for estate planning near me in Filton or any of the nearby areas, then be sure to contact The Lost Coin Financial Planning Ltd. We provide bespoke estate planning solutions that are tailored to your exact requirements. We work closely with our clients from start to finish to ensure an effective estate plan is in place and that the tax is best managed as well. Should you like to book an appointment with us or if you’d like some further information, then be sure to get in touch with us. One of the The Lost Coin Financial Planning Ltd team is always on hand to assist. We also provide estate planning across Bristol, Chippenham, Yate, Filton and Portishead.

The Financial Conduct Authority does not regulate Estate or Tax Planning or Will writing.

Independent Estate Planners Covering Filton

Estate Planning Filton – Frequently Asked Questions

What is estate planning?

Estate planning is when you put together a clear plan of your wishes for your estate. No matter how small or large an estate is, it’s recommended that an estate plan is in place to ensure your assets or succession is carried out to your wishes. Estate planning can come into place upon your death or if you become incapaciated in a way in which, you can no longer take responsibility for your own estate.

Is estate planning the same as a will?

Wills are typically part of the estate planning process, however estate planning is a much more comprehensive service. Estate planning consists of many different types of documentation that are designed to protect you, your property or your business should you suffer from loss of capacity or death.

Why do I need an estate plan?

We firmly believe everyone should have an estate plan, no matter how old or young you might be. Estate planning is there to take the headache and hassle away from splitting of assets. It will ensure everyone is taken care of as per your wishes and that your estate is correctly managed upon your passing.

What is involved in estate planning?

Estate planning is a comprehensive and complex service and we will aim to break it down into the important things it covers. Our estate plan service covers things such as estimating what assets you have, accounting for any liabilities, succession plans and a number of other things. The main aim is to ensure the estate is distributed in line with your wishes and that all of the necessary documentation is in place to do so.

How do I book an appointment with an estate planner?

If you’d like to book an appointment with one of our estate planners to discuss an independent estate planning for yourself or business, then you can contact us through our website, email or directly by phone.