Estate Planning

We provide comprehensive succession planning advice, helping our clients to pass wealth efficiently to their chosen beneficiaries.

Planning ahead can reduce or avoid the inheritance tax payable after your lifetime, however there are many options and aspects to consider, and our advice process ensures that you achieve your objectives whilst maintaining your own personal financial security.

Our services include:

  • An assessment of your current financial and taxation position.
  • A comprehensive overview of your options.
  • Advice as to the appropriate use of taxation reliefs, exemptions and allowances.
  • The use of specialist taxation vehicles, such as trust based arrangements and tax exempt investments.
  • Tax efficient planning for pension funds.
  • Cash flow forecasting to consider your personal financial security before making financial gifts.
  • Advice on specialist arrangements to remove assets from your taxable estate whilst retaining flexible access to funds.

We will work with your other professional advisers to ensure a comprehensive approach to your estate and taxation planning. Via Thomas Westcott Chartered Accountants, we offer advice on business succession planning and agricultural property relief.

Specialist expertise

Estate Planning is a specialist area of advice. Iain Andrews, Director of Thomas Westcott Chartered Financial Planners, has provided advice on inheritance tax and succession planning for many years. Among his professional memberships, Iain is a qualified member of the Society of Trust and Estate Practitioners (STEP), an accredited member of the Society of Later Life Advisers (SOLLA) and is a Chartered Financial Planner.