Estate planning


Estate planning


Most of us become more financially secure as we grow older. In addition to savings and investments a significant amount is usually invested in our residential property which continues to accumulate in value. We may also inherit further funds from other relatives.


Whilst nobody likes to talk about death it is important to consider your estate well in advance of the inevitable. Some prudent estate planning can make sure that your assets are secure for your family and reduce the exposure to inheritance tax. We are happy to help you review your position and consider all options.


As well as considering your will and outrights gifts it is possible to create trusts in your lifetime. Provided that the value of assets added to the trust, and any other trusts in the last seven years, are below your inheritance tax “nil rate band” (currently £325,000) there is no inheritance tax charge on creation.


Assets added to a lifetime trust are automatically removed from your estate for inheritance tax purposes after seven years has elapsed. However, such trusts allow you to maintain control over the assets and decide who can benefit at a much later date.


Please contact us for more advice.











Castlewood Trust & Company Limited. Registered in England No 4240495 Registered Office: 9 Devonshire Square, London EC2M 4YF


The information contained within this website does not constitute advice, is necessarily limited in scope and statements made are consequently general in effect. Although every effort has been made to ensure the accuracy of the information Castlewood Trust & Company Limited cannot accept responsibility for any loss suffered as a result of persons relying upon it. Clients are advised to consult with us or their own professional adviser.