Retirement Planning In Cheltenham
Are you looking for Estate Planning advice in Cheltenham?
Our dedicated team of Chartered Financial Planners, based in Cheltenham, are here to help you, with all your Estate Planning needs.
Over the years we have helped many families in Cheltenham and the Gloucestershire area, achieve their goal of successfully passing their wealth through the generations as tax-efficiently as possible.
At Howard Wright, our Estate Planning process will review the following areas.
Often many people think that their spouse or next of kin will automatically inherit the whole of their Estate, in reality, this is not always the case.
By having a valid Will in place, you can decide what will happen to your assets in the event of your death. At Howard Wright, as part of our Estate Planning process, we will review any existing Wills you may have, to establish if these are still relevant.
If your Will is no longer in keeping with your current wishes or, you don’t have a Will in place at all. Our fully qualified Will Writers, will not only draft a will but also offer advice on how your wishes may impact other areas of your financial plan.
Powers of Attorney
Powers of Attorney are often overlooked but are a crucial part of the Estate Planning process.
A Powers of Attorney will allow you to select an individual or individuals to make your financial or medical decisions on your behalf should you not be able to do so, due to ill health, a life-changing accident, or you lose mental capacity.
Having Powers of Attorney in place gives you peace of mind that should the worst happen to you, your chosen Attorney or Attorneys can manage your affairs on your behalf.
At Howard Wright, as part of our Estate Planning process, we will be able to advise on and draft the relevant documents for establishing your Powers of Attorney.
Inheritance Tax Planning
Our Inheritance Tax Options report will provide you with an overview of your Inheritance Tax Liability today and in the future.
This report will highlight the options available to you for how you can legally mitigate / minimise this.
- Inform you of the allowances and exemptions you have available.
- Provide considerations for redistributing assets.
- Asses your ability to gift capital and how this would affect your other financial objectives.
- Detail the different trusts available to you and the features of these.
- Provide Life insurance quotations to provide your beneficiaries with capital to pay the Inheritance Tax liability without having to use the estates assets
Free Initial Consultation
Once you have done this one of our Chartered Financial Planners will then contact you, as soon as possible to discuss our Estate Planning process and book your free initial consultation. We look forward to hearing from you and seeing how we can help.
“Gareth and the team have dealt with all of my families financial matters for many years now. The information is accurate, concise and easy to understand. I would not hesitate in recommending their service whole heartedly”
“HW supported and advised us on all our pension, investment and inheritance concerns. As a result we completely changed direction. We couldn’t be happier”