What is estate planning from Kingstons
Your success in life can return significant rewards and many of you wish to provide for your families and others based on that success and reward. Although financial management is key, many people are not prepared for what happens if you are not able to direct this yourself. Who would manage your estate if you are not able to do so yourself, due to illness or after passing? Careful estate planning helps establish who would benefit from your success and what taxes they would pay.
A Balanced Approach
For many of you a balanced approach that uses currently available and legitimate ways of planning for these events, whilst recognising your needs and wishes, is interesting, but you need a “joined up” approach with quality support from professionals.
Lasting Powers Of Attorney – Your Estate Management in Life
Should you be unable to manage your affairs or your health due to illness, then Lasting Powers of Attorney are essential. Many people only consider these when falling ill, but often it is too late to complete these vital documents as they can take around 6 weeks to register. We advise everyone to hold these and keep them up to date as no one knows what is around the corner.
Wills – Your Estate Management After Passing
After you are gone, your wishes and directions are most important and need to be clear and well documented so that your family, friends, business partners, charitable interests and pets are supported and everyone knows clearly what you want. An up-to-date and valid Will can help achieve this and avoid situations where your wishes are not met.
Organising your Estate and Passing Wealth On
This can usually be achieved tax effectively both in your lifetime and after passing by the appropriate use of Trusts set up in your lifetime, Lifetime Gifts and Will Trusts and Rights of Occupation.
The “joined-up” approach across our businesses ensures that this is being considered at all times while protecting those assets where they are, or might be, needed for your own use or your families use in your lifetime and after passing.
Monitor and Change
Our approach includes regular reviews to ensure that, when life changes, so does your organisation, plans and important documents. In general, nothing stays the same for long! Please ask us for details of our latest Will and Lasting Power of Attorney packages to help you manage the change.
Will writing, taxation and trusts are not regulated by the Financial Conduct Authority. Will drafting and Lasting Powers of Attorney registration services are performed by Kingstons Will & Trust Planning Limited only.
Kingstons
Lifestyle Planning | Wealth Management | Will & Trust Planning
Kingstons
Lifestyle Planning | Wealth Management | Will & Trust Planning
01702 561970 [email protected]
Cookies | Privacy Notice | Terms & Conditions | Regulatory Jurisdiction | Complaints Procedure | External Links | Data Protection
Kingstons Wealth Management Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/ under reference 714745.
The value of an investment will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less then you invested. Investment Services and other services regulated by the Financial Conduct Authority are only provided by Kingstons Wealth Management Limited. As a mortgage is secured against your home or other property, your home or other property may be repossessed if you do not keep up repayments on your mortgage. The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances. Commercial Buy to Let mortgages are not regulated by the Financial Conduct Authority. Wills writing, taxation and trusts provided by Kingstons Will & Trust Planning Limited are not regulated by the Financial Conduct Authority.
Kingstons Wealth Management Limited is registered in England and Wales Number: 09705742, registered address: Broom House 39/43 London Road Hadleigh Benfleet Essex SS7 2QL. Kingstons Will & Trust Planning Limited registered in England and Wales Number: 03319771, registered address: 26 Dorset Gardens, Rochford, Essex, SS4 3AH.
© Kingstons
Cookies | Privacy Notice | Terms & Conditions | Regulatory Jurisdiction | Complaints Procedure | External Links | Data Protection
Kingstons Wealth Management Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/ under reference 714745.
The value of an investment will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less then you invested. Investment Services and other services regulated by the Financial Conduct Authority are only provided by Kingstons Wealth Management Limited. As a mortgage is secured against your home or other property, your home or other property may be repossessed if you do not keep up repayments on your mortgage. The levels and basis of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances. Commercial Buy to Let mortgages are not regulated by the Financial Conduct Authority. Wills writing, taxation and trusts provided by Kingstons Will & Trust Planning Limited are not regulated by the Financial Conduct Authority.
Kingstons Wealth Management Limited is registered in England and Wales Number: 09705742, registered address: Broom House 39/43 London Road Hadleigh Benfleet Essex SS7 2QL. Kingstons Will & Trust Planning Limited registered in England and Wales Number: 03319771, registered address: 26 Dorset Gardens, Rochford, Essex, SS4 3AH.
© Kingstons