Estate Planning for Business

Safeguarding the
future of your business

Putting in place the right structure to maintain your business in the event
that you are incapacitated, and protecting it for future generations of entrepreneurs
is crucial to effective business continuity.

Our team understands the importance of maintaining business integrity and can work
with you to put in place what you need to ensure continuity both now, and in the future.

Our video

Our Simple Process to Success

Whether you are writing your will for the first time, planning how you want your estate to be treated after you’re gone, or putting support in place should you need it, our process is simple and effective.

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Get to Know You:

We run through a detailed fact find so that we can really understand what you want to achieve.

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Apply Our Expertise:

Our detailed knowledge of regulation and the law means that we can work with you to develop the right structure to meet your particular requirements.

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We Support You:

We know some of the decisions you will make are difficult, so we’ll listen, advise and support you through the whole process.

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The Paperwork:

We’ll take care of as much of the paperwork as we can, including helping you complete forms and information correctly and ensuring submissions are completed correctly, on time and without issue.

Will

Passing a business interest or shares on to a beneficiary can be complex and attract a tax liability for the individuals to whom you wish to leave your business assets. Incorporating this aspect of your estate into your will can ensure that any tax liability is mitigated, and your beneficiary receives everything that you planned to leave. It also means that your wishes will be carried out. This can be particularly important where you are leaving an operating business in your will.

We can help you consider what you need to do to ensure that you leave your business interests in the most tax-efficient way, and record your wishes and detailed instructions for your beneficiaries.

Trusts

Placing your business interests in a trust can be an effective way of ensuring that your business continues so that your beneficiaries can take part in its operations, and enjoy its ongoing success. There are several different types of trust, and all have complex requirements to meet when they are set up. We recommend that you seek professional advice when setting up a trust to avoid a challenge in court.

Here at Will Protect we can advise on whether a trust is the best vehicle to preserve your business interests, and our expertise in this area means that we can work with you to incorporate the right trust in the business aspect of your estate planning.

Business Lasting Power of Attorney

Have you considered what you would do if you were incapacitated as part of your business contingency planning? Could your business continue? Even the simplest things like paying bills, managing your bank account could become difficult. And contracts with suppliers and customers could become null and void.

With our help, you can create a Lasting Power of Attorney that addresses all of the issues and lays out clear instructions for the continuation of your business should become incapacitated through illness or injury.

Our clients are very happy to work with us

I cannot praise Will Protect highly enough. A personable and friendly organisation, but yet still professional and punctual. Their consultants are happy to work in the evenings to accomodate my work, and happy to explain the process to me. They make the will writing process a breeze, and ensure that your assets will be distributed as you want them to when the time comes. I am happy to recommend their services.

Mr G O’Daly

I would highly recommend Will Protect. They have recently created and registered Lasting Powers of Attorney for us. Following my initial telephone conversation with our advisor, I had no concerns and remained fully reassured about all aspects of the work. Our advisor was prompt, friendly, professional and reliable. I would definitely contact Will Protect again if we required any further work.

Mr & Mrs T Dacre

Will Protect were very efficient and effective in their dealings with us. Their friendly and thorough approach to their task was very reassuring when dealing with the sensitive subject of wills and estate planning. Nothing is too much trouble and our advisor gave freely of his time to ensure we understood and were happy with our wills. We found him to be knowledgeable and competent and have happily recommended him to our friends.

Dr & Mrs R Sharples