Dealing with the loss of a loved one can be heartbreaking. Sometimes this can be due to illness that slowly starts to steal them away from you and in other cases, it can be a sudden event, robbing you of years that believed you still have. Nobody ever knows when this day will come for them or how it will happen and therefore it is even more vital that you take care that your loved ones are cared for when you are no longer there.

When you speak to the team of leading estate planning solicitors at Grant Saw Solicitors, it quickly becomes evident that when it comes to estate planning, it is about far more than merely having a Will in place. It is why it is so important that you have access to the best legal advice when you are putting preparations in place to make sure that those who are left to mourn you, don’t have to deal with the added stress of financial uncertainty too.

“One of the most challenging concerns when it comes to estate planning is a large amount of inheritance tax that those who you leave behind have to pay. It is why our team always advise our clients about the range of ways how you can minimise this amount to ensure that your family gains us much financial benefit as possible,” says Ray Crudgington, Managing Partner at the leading law firm in the UK.

He then also expands on some of the methods they use to reduce this liability. The list of solutions they must present to their clients who call on them for their estate planning services includes trust creation. The way that you structure your assets also have a major impact on how much inheritance tax your family needs to pay.

Alternatively, you can consider lifetime gifts of your assets and have the seven-year rule apply to your assets.
“Another alternative is to maximise inheritance tax allowances, reliefs and exemptions to ensure that those who are the beneficiaries in your estate, gain optimal financial benefit from what you leave them. Our team consists of experts in several fields of the law and provides our clients with all the options and the pros and cons of each option are. This is how we make sure that every client accesses the best choice for their unique situation,” Crudgington concludes proudly about the specific service they offer.

About Us:

Our team is one that you can trust and rely upon to be by your side when you need it the most. Each of our members is an expert in a certain niche legal field and as a team, we can collaborate on your case and ensure that you enjoy the results of the best possible outcome. We deliver nothing but exceptional legal service and have been doing so for many years. When you partner with your legal support network, you can be sure that you have the best by your side. Visit our website at https://grantsaw.com/ or contact us and see how we can assist you with our legal services.