Inheritance Services in Ayrshire
Making a will is something many of us do not really want to face up to. Taylor & Henderson believe that it is one of the most positive and important steps an individual can take in planning the future financial security of their immediate family. Our extensive knowledge in this field will ensure that your wishes are carried out smoothly and diplomatically. We can also advise on the pitfalls of inheritance tax and ensure that any assets left pass on as tax efficiently as possible.
Sometimes people are concerned that their assets such as a house be preserved in situations where they may need future care. We can provide appropriate advice. In such situations we can appoint a trusted individual or relative, or one of our solicitors to carry out the management of that person's affairs.
Trusts can be a useful way of ensuring that your assets pass to intended beneficiaries in many situations. A Trust is created when money and/or assets are transferred to trustees who look after the assets for a defined group of beneficiaries. Trusts can be created to cater for many situations. You may wish to consider creating a trust if you wish to leave money to a disabled child without affecting their entitlement to benefits, if you wish to leave money to children but you don't want them to receive the money until they reach a responsible age or if you have concerns over payment of Inheritance Tax by your beneficiaries.
For more information contact Alistair Green, Martin McAllister at Saltcoats on Tel No: 01294 464341, Jacqui Taylor, Sheila McCosh at Irvine on Tel No: 01294 278306. Alison Murphy at Kilwinning on Tel No 01294 557506.
For Personal Financial Planning see our Financial Services section.