Kenton Baker Estate Planning Practitioners

Most of our prospective clients tell us that they know they should have a Will, but are unsure of how to go about it, how much it will cost and how long it will take to arrange. It often seems overwhelming. With a lack basic information to hand, people often just put it off, until it is too late.

To take maximum advantage of inheritance tax allowances, the key is planning; which allows the use of numerous options. The best way to protect your family's future and ensure that they inherit as much as possible is to plan today.

It is when it is too late that hindsight teaches the family, friends, business partners and various acquaintances that putting off making a Will is not the answer.

There are 3 main reasons when your assets of your estate can be taken from you and/or your beneficiaries:

1. Inheritance tax: Each individual has a threshold of £325,000 Called the nil rate band of which, if your estate was more than that, any value above that level is taxed at 40%. (Plus, the residential nil rate band that came into law April 2017.)

2. Sideways disinheritance: In today’s culture, with multiple marriages and relationships, without an estate planning will which will include trust planning, it would be very easy when dying after a second marriage, for your estate to be passed on to your second spouse and therefore to your second spouses children and not those from your previous marriage.

3. Long term care planning: Without careful planning through an estate planning will, it is entirely likely that the home you spent most of your life paying for would be taken from you, in order to pay for your care fees.

How can I get started?

Kenton Baker Estate Planning Practitioners offer a consultation in the comfort of your own home or at your office, at a time that suits you best.

Our services include:

Will Writing and associated advice

Lasting Power of Attorneys

Lifetime Secure Will Storage to ensure added security

Property Trust arrangements for effective succession planning

Severance of Tenancy for all property matters

Probate and Estate Administration advice and guidance when you need it most

Pre-Paid Funeral Plans and advice to choose the right plan for you

Simple methods of Mitigating Inheritance tax

Long term Care planning

Mortgages

Bad-Credit Mortgages

First time buyer

Commercial Finance

Buy to Let Mortgages

Equity Release (Lifetime Mortgages)

Insurance