Succession Planning allows you to maintain your money, business, property and investments for future generations. While the process often starts with writing a Will, protecting your assets can involve much more, including:
- Identifying and mitigating tax liability on your assets
- Setting up a trust
- Changing your business structure for tax relief purposes
- Transferring assets to others during your lifetime
The earlier you begin planning, the better. This means any opportunities or issues that arise can be addressed without delay, giving you greater control over your assets and peace of mind that your affairs are in the best position possible. It is vital to seek specialist legal advice for managing your estate as the law that applies is complicated and fast-evolving.
How Can Our Succession Planning Lawyers Help You?
Our Succession Planning Lawyers are highly experienced in this area. We have helped many clients to create cost-effective strategies for managing their personal and business affairs.
Our team can advise on preparing your Will, creating and administering trusts, and matters relating to Inheritance Tax and Gift Tax. We will develop a detailed understanding of your individual and family circumstances so that we can provide the most suitable guidance for preserving your wealth.
Contact our Succession Planning Solicitors in Carrigart and Letterkenny, Co. Donegal
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