Introduction

Your life's wealth. Our wealth of knowledge. Your wishes in mind.

Estate Planning

The inheritance nil rate band has been £325,000 since 2009 and has been frozen at this amount until 2026. There is an additional allowance if your home is left to certain relatives but this has also been frozen until 2026. This means that estate planning to minimise the inheritance tax payable is more important than ever, to ensure more of your wealth can be passed in tact to your beneficiaries.

Albert Goodman offers a comprehensive estate planning service, we will assess your needs and wishes and tailor a plan which meets domestic and international estate planning rules, as well as your personal, family and business requirements.

We do not just look at mitigating inheritance tax, we consider, family relationships, asset protection and your financial security.

We can assist with:

Wills, working alongside your legal advisor, acting as your executor to ensure your wishes are met.

Lifetime gifts to reduce your taxable estate for inheritance tax purposes

Estate administration and compliance. From preparing accounts and tax returns and to developing strategies to minimise tax liabilities

Trusts

Trusts can be a useful tax planning tool to enable you to transfer assets to your beneficiaries without an immediate tax liability but they are fair more than just a tax planning tool. They are also not just for the very wealthy

Trusts can amongst other things be used to safe guard vulnerable beneficiaries, to ringfence money for future care needs and provide for grandchildren’s education or future. They can of course be used to reduce your estate’s exposure to inheritance tax.

At Albert Goodman we can advise on the best trust set up to meet your aims and we can also help you manage the trust assets and compliance matters such as filing tax returns.

We are happy to act as a trustee for your trust to give an independent view on the management of the trust and distribution policies.

Meet the experts

You'll find our team dotted across the South West, experts in everything from tax to technology. We build long-lasting relationships with our clients, drawing on our insights and experience.

You'll find our team dotted across the South West, experts in everything from tax to technology. We build long-lasting relationships with our clients, drawing on our insights and experience.

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We can also support you with your business needs

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