Claydon Wills & Trusts

Claydon Wills & Trusts Our clever Estate Planning helps our UK clients reduce their exposure to Inheritance & Capital Gains Taxes .

08/04/2019

A Power of Attorney
A Necessity not a Luxury

Having a Lasting Power of Attorney will enable your loved ones to help deal with Property & Finance and Health & Welfare matters should you become Mentally or Physically incapacitated through an illness or an accident.

Without a Lasting Power in Place, your loved ones may not have the control they require. Instead the responsibility would fall on the Courts to make decisions for you.

Contact us today to see how we can hell with these important Legal documents.
[email protected]

27/03/2019

IHT thresholds and rates 2018-19
Everyone in the 2018-19 tax year has a tax-free inheritance tax allowance of £325,000 – known as the nil-rate band. The allowance has remained the same since 2010-11, and it will not rise in 2019-20.

The standard inheritance tax rate is 40% of anything in your estate over the £325,000 threshold.

For example, if you leave behind an estate worth £500,000, the tax bill will be £70,000 (40% on £175,000 – the difference between £500,000 and £325,000).

20/03/2019

We offer FREE Advice on how best to structure your Assets & Inheritance so that you maximize your legacy to your loved ones .

Book a Free Assessment Today !

03/03/2019

How to avoid inheritance tax

Make a will. ...

Make sure you keep below the inheritance tax threshold. ...

Give your assets away. ...

Put assets into a trust. ...

Put assets into a trust and still get the income. ...

Take out life insurance. ...

Make gifts out of excess income. ...

Give away assets that are free from Capital Gains Tax.

01/03/2019

I ALREADY HAVE A WILL. DO I NEED A TRUST TOO?


What’s the difference between a trust and a will?
Many people incorrectly assume that if they have a will, they don’t need a trust. But this isn’t always the case.
While both a will and a trust are legal documents outlining what you’d like to happen to your assets when you pass away, there are several key differences after that point.
With a will, your asset distribution will be handled through the court system in a legal process known as probate.
Not only is this process lengthy, often taking as long as a year to complete, it can be costly too.
Additionally, there are often several court dates your loved ones will need to attend, which means they’ll need to pay for this court process with both their time and money.
All of this can be avoided with a trust.


A trust outlines what needs to be done in terms of asset distribution without the courts being involved.
Because of this, distributions can take a few weeks instead of several months or years.
Rather than handing your loved ones a bill for attorney fees to navigate the probate process, you will pay an attorney up front to draft the trust document.
The final benefit to consider when it comes to choosing a trust despite already having a will is that trusts are kept private.
With a will, anyone can see who received what and how much. But none of this information is accessible when it’s locked away in a trust.

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Birmingham
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0333 5774240

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