We collaborate with specialists in legal, estate, and life planning to support independent business owners and their families. Our Estate Planners guide clients through matters ranging from simple Wills to complex Inheritance Tax planning, ensuring their wishes are understood and future security is prioritized.

Our Services

Wills: Creating a valid Will ensures that your assets are distributed according to your wishes. Important considerations include:

• Who will inherit your estate and at what age?
• Appointment of guardians for children under 18.
• The future of any business owned.
• Protection of children’s inheritance in case of re-marriages or divorces.
• Ensuring tax-eficient wealth transfer using available exemptions like Business Property Relief.

We help you create a comprehensive Will that covers all scenarios and is tailored to your needs.

Trusts: Incorporating a Trust within a Will can protect your home and savings, ofering flexibility and tax benefits for your business. Trusts can also address potential issues like care fees, Inheritance Tax, and family disputes. We assess your circumstances to recommend the best trust solution.

Inheritance Tax Planning: Efective Inheritance Tax planning begins with a well-structured Will. We can incorporate trusts to maximize exemptions and ensure eficiency after death.

Lasting Powers of Attorney (LPA): An LPA enables you to designate someone you trust to make decisions regarding your health and finances if you become unable. Mental incapacity can afect anyone at any time, making an LPA crucial, especially for business owners. We recommend having separate LPAs for business and personal afairs, allowing trusted individuals to manage important decisions when needed.

Probate & Estate Administration: Handling an estate after death involves complex legal, tax, and administrative tasks. Our Probate and Estate Administration service takes full responsibility, ensuring compliance with laws and regulations. We liaise with HM Revenue & Customs, manage asset sales or transfers, and distribute the estate according to the Will or inheritance laws.

Why Choose Biz Associates Ltd?

We ofer a comprehensive range of services throughout your business journey, recognizing the challenges you may face. Contact us today to connect with our partners who provide first- class support in Estate and Life Planning.