WE BUILD A PLAN TO ENABLE YOUR WEALTH TO WORK FOR YOU
ESTATE
PLANNING
Estate planning is not just about making a Will or minimising inheritance tax. It’s about protecting your dependants from uncertainty and preparing the next generation to take on the responsibility of managing wealth. Our estate planning service enables a solid plan, and ultimately aids peace of mind.
Estate planning takes in succession planning, inheritance and other tax burdens, Wills, Lasting Power of Attorney (LPA), debts and money owed, investments, property issues and much more.
NBL advisers ensure that your estate reflects your combined financial position, and plan for your families long-term goals. Taking action to ensure your future tax burden doesn’t compromise your own financial freedom or the security of your dependants.
Succession planning helps you decide how best to move your wealth on to future generations. It includes deciding who should benefit from your wealth, when they should benefit and then carrying out those decisions. Succession planning usually involves making a Will to set out who should inherit your assets. Estate planning among families can be awkward, NBL has experience of asking tricky questions, developing and facilitating a medium and long-term plan.
NBL works closely with a network of trusted solicitors and specialist advisers, providing guidance on gifting strategies, the use of trusts, family investment companies, risk management and asset protection in a world where pre-nuptial and co-habitation agreements are becoming the norm.
BENEFITS OF ESTATE PLANNING
Provide for & protect dependants
Protect your families assets & wealth
Plan for your kids, grand-kids, family & friends
Plan for your own incapacity
Make retirement simpler
Ensure your wishes are carried out
Minimise estate taxes & other expenditures
Avoid conflicts & disputes
Maintain privacy
Make a plan for family & business succession
Achieve your philanthropic goals
Peace of mind
OUR SERVICES
RETIREMENT PLANNING
We are all living longer and there has never been a more important time to plan for your future. Few people these days enjoy the certainty of a whole-career job and a comfortable final-salary pension. Using a pension remains the most tax efficient way of investing, but they can seem complicated. We help you plan your retirement using the most profitable and tax-efficient combination of pension income, lump sums, investments and other streams of finance.
ESTATE PLANNING
Passing on your money and property to loved ones or good causes in the most tax-efficient way needs skilful handling. Mitigating against 40% Inheritance Tax is a significant part of this area of planning, but not the only one. Thinking about how the next generation will use an inheritance or when to pass money on is also key. And the sooner it is factored in to your overall financial picture, the better. We use the very latest tax legislation alongside your investment portfolio, and carefully take into consideration your intentions for family and loved ones.
MORTGAGES
NBL offers bespoke and independent mortgage advice throughout the entire process. We can guide you through initial advice to completion. Our experience will mean an awful lot of stress is taken out of what is a fairly routine financial commitment. Purchasing a house is a lengthy process, can be time-consuming and fraught will niggles along the way, but it can also be rewarding and set your family up for an easier future. Whether it is a first house, or a street’s worth of properties, it is always worth gaining advice.
WILLS
At NBL we will help you make the right choices when it comes to planning your financial future. Part of that advice is about making sure you leave your hard earned assets to the people who matter when you die. A Will is about choice. You choose what happens when you die. NBL works with a specialist lawyers who fully understands the complexities of Will writing making sure on your death your Will ensures your wishes are carried through.
LASTING POWER OF ATTORNEY
Lasting Power of Attorney (LPA) makes sure that your chosen representative will be able to access your money to pay your bills, make insurance claims, manage your estate and make health care decisions. Even a spouse or parent does not have the right to do this unless they are legally appointed as your attorney. To appoint somebody as your attorney, you will need an LPA.
BUSINESS TAX ADVICE
For many of our clients their personal wealth is tied into their business. Making the right decisions within your business can save you tax. You might want to sell your business to retire or pass a family business onto the next generation? NBL are here to help you through this sometimes complicated area to make sure you minimise the tax you have to pay.
CORPORATE BENEFITS
Corporate benefits offer a way to attract and retain people, contribute towards improving well-being and encourage value and skills and achievements. Most employers want to offer benefits to their employees, but do not know which to choose. Budget and number of employees play a role in your decision. By building an attractive employee benefits package, you can attract and keep quality employees and gain certain tax advantages.