Estate and tax planning
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When you come to B P Collins for advice about how your wealth is to be protected in the event of your death or incapacity, firstly, we listen to your own wishes and expectations and then discuss with you all the options that are open to you that may suit your situation.
It is only after we've agreed with you what you want to achieve with your will, power of attorney and any trusts related to these, that we will draft the documents that will protect you and your family.
This approach to wealth protection, using the resources of our dedicated estate planning team, has served our clients well and has enabled us to build a depth of experience that we can use to assess your own situation in a pragmatic and holistic way.
We will consider your situation, your family's situation and your finances, now and in the future before providing bespoke advice to comply with your instructions. We ensure that you are aware of all the options available, their merits or drawbacks, as well as highlighting the tax position and other implications of your instructions. This will enable you to make the right decisions about how best to protect your wealth during your lifetime and after your death.
Our private client team offer families a complete family estate planning exercise, which looks not just at the immediate generation and inheritance tax, but provides advice for younger generations too.
Whether you are concerned about how best to mitigate your tax liability, have unusual family circumstances, are worried about passing on wealth to young beneficiaries or beneficiaries who may get divorced, become bankrupt or are unable to cope with a large inheritance for other reasons, our estate and tax planning team will discuss with you the best structures to deal with your concerns.