West Kirby Estate Planning Solution

When it comes to protecting your assets for the next generation, most people have come across a will.  They may even have an Enduring power (EPS) or Lasting Power of Attorney (LPA) in place.  However, these are the basic estate planning documents you should have.  They offer very little in the way of protecting your assets.  Protection comes from a family trust (a safety deposit box for your possessions).  See the table below more guidance. 

West Kirby estate planning

West Kirby estate planning

West Kirby Personal Estate Planning Options and Benefits Basic wills only Wills trusts and LPA’s Lifetime trust, wills and LPA’s
Avoid the cost / delay of intestacy Yes Yes Yes
Appoint executors of your choice Yes Yes Yes
Appoint guardians of your choice Yes Yes Yes
Ensure your wishes are respected No Yes Yes
Avoid sideways disinheritance No Yes Yes
Delays children’s inheritance Yes Yes No
Avoid the cost of probate No No Yes
Avoid Probate delays min 6 months No No Yes
Avoid inheritance tax in children’s estates No No Yes
Avoid family wealth being diluted if a child divorces No No Yes
Avoid wealth dilution in the event of a beneficiary’s financial hardship No No Yes
Protect family wealth for up to 125 years No No Yes
Allow you to nominate trusted persons No Yes Yes
Avoid costs & delay of a deputyship order No Yes Yes
Avoid loss of control of a deputyship order No Yes Yes
May mitigate social care fees after first death* No Partial Yes

As you can see, there is lots more things to consider, so book a FREE consultation today with out West Kirby Estate Planning specialists, 0151 601 5922.  They can talk through your family circumstances in detail and offer solutions that are right for you.

Why Choose us


Investment portfolio review


Cash flow modelling


Fully Independent


FCA regulated


Financial planning


Estate planning qualified


Pension transfer specialists


Occupational pension specialists


All types of mortgages


Care fee planning


Low cost fees


Corporate planning


Wealth management


Retirement planning


Inheritance tax mitigation