If you haven’t started yet, it’s not too late to begin your estate planning. A Solicitor instructed to give advice on your estate planning can save on estate taxes including Capital Gains Tax and GST, as well as saving on Stamp Duty in the event of transition of a property.
There are many reasons to have an estate plan, the most obvious is to protect your hard earned estate. With rising divorce rates, it is important to have an estate plan to ensure your daughter-in-law / son-in-law won’t get what you have worked hard to establish.
When consulting with you about the right estate plan for your circumstances, we think about three objectives:-
- To make your plan easy to administer.
- To develop a plan that will lower the taxes payable on your estate.
- Determine a way to leave your estate so that it can be put to the best possible use by your beneficiaries.
If you would like to learn more about how estate planning could benefit you and your family, please phone the office for a no obligation appointment with one of our Solicitors.