Estate Planning

Ensuring that assets and wealth are distributed in accordance with our clients’ wishes is a fundamental component of any financial strategy. It often involves a number of complex decisions, and can be rather daunting. At AWM we work with our clients to put in place robust Inheritance Tax Planning (IHT) planning. With comprehensive planning, IHT bills can be greatly reduced, or even completely negated. The planning involves many aspects but typically Wills and Trust Planning are the main considerations.

Establishing a Will

Establishing a will is critical to ensuring an individual’s wishes are carried out from both a tax and administrative perspective. A simple, yet crucial, process can be undertaken with relative ease. At AWM we work with our partners to ensure that our clients have a will in both their country of residence and their country of domicile. It is crucial that their will is established in such a way that its interpretation is both legally sound and objective.

Trust Planning

By placing assets in certain structures and jurisdictions it is often possible to defer or avoid tax payments for future generations. By establishing clear objectives for our client’s wealth, we are able to advise on solutions for the future that will not have a negative impact on our client’s current standard of living. Trusts also provide a greater degree of privacy on death than is afforded under normal probate.