Specialist Estate Planners
At Succession Legacy, we understand that your wealth is more than just numbers on a balance sheet. it’s the culmination of a lifetime of hard work, a testament to your values, and the foundation for your family’s future. Our mission is to help you protect that legacy and ensure it continues to benefit the generations to come.
About
The vast majority of people put off making a Will for a variety of reasons. They either believe that the people they would wish to inherit will automatically do so, or they don’t think it is relevant to them at this particular time.
The reality is that you can put off making a Will until it is too late and this poses all sorts of problems for the people left behind. For example, it could mean that some, or all of your inheritance, either goes to the wrong person or to the state
Everyone needs to make a Will. In particular, anyone with dependent relatives must do so. Anyone who owns a property or has any type of asset which you would wish relatives, friends or charities to benefit from should also make a Will.
Making a Will enables you to plan exactly what will happen to your property (estate) following your demise. This ensures that those you would like to benefit actually do so, in accordance with your wishes and at the same time avoiding any disputes between relatives.
How can I protect my children’s inheritance?
Without the correct “Bloodline Planning” some, or all of your children’s or grandchildren’s (bloodline’s) inheritance could be lost.
Protecting your inheritance for future generations is commonly referred to as “Bloodline Planning”.
Bloodline Planning is ensuring that your assets reach your children, grandchildren and other relatives, rather than ending up in the wrong hands! When assets are distributed to beneficiaries “absolutely”, (i.e. they receive cash, property or other assets as a direct lump sum payment) so much can be lost. These assets are then considered to be part of the beneficiary’s estate and would be at risk of attack from any future divorce settlements, creditors and taxation.
The strategic use of Trusts can ensure that your children and grandchildren are able to benefit completely from the inheritance you want them to receive. At the same time, Trusts help protect your hard earned inheritance from the threats of divorce, bankruptcy and the risk of the family home and other assets from being lost to the costs of Long Term Care.
Services
Succession Legacy Services
Testimonials
Get in Touch
Get in touch today to start your estate planning journey
Call us or send a message via Whats App
07922 285641
chris.gibson@successionlegacy.co.uk
