How can I leave a legacy?
- How do I mitigate inheritance tax to help increase my legacy for future generations?
- Is establishing a trust an option?
- I want to make sure that our wills are properly drafted
- It's not just about the money, I want to be an example for future generations
- Instilling good habits
- Helping future generations to manage and protect wealth
How we can help?
If you’ve ever attended a funeral, you will have experienced someone giving a eulogy and it will have perhaps triggered a question in your mind of, “I wonder what they would say about me at my funeral?”
Certainly, in my mind, it leads to deep thought about the type of legacy that I would like to leave behind. For you, this might include a level of wealth, leaving a well-organised and planned estate, without any financial burdens for others to assume, with a large inheritance tax bill to also pay. Equally, there are other, perhaps more important aspects to your personal legacy. This could include setting an example of a life well-lived and being remembered as a person who lived their lives based upon a strong set of values, being remembered for always being there to help and support people or perhaps reaching great heights in your profession or business.
There are some practical things we help clients to deal with, which include making sure that their financial affairs are maintained in an orderly fashion with properly drafted wills, trusts established, pension funds carefully nominated to their nearest and dearest and any inheritance tax planning properly implemented.