Wilmslow Corporate Estate Planning

Could your business survive the loss of its owner or major shareholder? Do you have all the necessary legal documentation in place to enable a smooth transition if you were to due early? Most businesses have no plan at all, but you would be surprised how often it happens.

We help you to protect your business. Not just regarding exit planning; tax mitigation; and shareholder agreements. We also look at how the business would be able to continue in the event of the owner’s early death.

Wilmslow Estate Planning Solutions

Our Wilmslow IFA and Wilmslow corporate estate planning team start off by making sure that all the basics are in place:

Will:
Does the business owner have a valid will that deals with their shares in the business? Is it up to date? Is it tax efficient?

Shareholder agreements:
Who owns shares in the business? Is disposal of shares covered in the company’s articles and memorandum of wishes?

Protection:
Is there life cover in place to pay the full value of the shares to the deceased’s estate?

Control:
Who is going to control the business if you become seriously ill, or die early? Are they capable of doing so and do they have all the knowledge and expertise required?

Do you have a Lasting Power of Attorney (LPA) in place?

Corporate Estate Planning Wilmslow

There are a huge number of issues to consider for a business owner or shareholder. A life insurance policy and will are not usually enough on their own. A member of our team can talk through your wishes and review your legal documents. We could help to ensure your business and family will be left in the best possible shape if the worst happened.

Call the Assured Wealth and Estate Planning Wilmslow financial planning adviser team today on 01625 839511 and book your FREE Wilmslow retirement planning consultation.

Assured Wealth and Estate Planning guide to the increased fee level and how forward planning can mitigate the new fees

What is probate?

When someone dies, you need to obtain the legal right to deal with their property, money and possessions, and to do so you need a grant of representation, which is commonly known as ‘probate’.

When is probate not needed?

Usually you won’t need to apply for probate if the estate does not include land, property or shares, if it is passing to a surviving spouse or civil partner because it was held in joint names or if the estate is valued at less than £5,000. However, each financial institution has its own rules and may still require a grant of probate certificate.

The new fees will apply to all applications received by the probate service on or after the date it is introduced in April 2019, irrespective of the date of death.

What is happening to probate fees?

Why Choose us