Professional estate planning and administration services
Estate planning is not just about reducing tax. It’s an important way to ensure all your assets are protected and divided according to your wishes in the event of your death.
Will and estate planning give you peace of mind by ensuring you have enough for your retirement while still being able to provide for your loved ones in the future. Our expert estate solicitors based in Bath, Frome, Sherborne and Wells offer a range of legal and tax expertise to help you plan well for the future you want.
Our estate planning and administration services
- Advising and drafting Wills: See to it that your wishes are acted upon once you’re gone
- Inheritance tax planning: Ensure your loved ones receive the full benefit of your estate
- Setting up, registering and administering trusts: Nominate a dependable trustee to manage money, property or investments for specific people or purposes
- International estate planning: Make sure your estate is not subject to tax in multiple jurisdictions
- Nominating guardians: Choose someone you trust to care for your children if you are no longer able to
- Succession planning: Plan for the future so your business continues to thrive
- Planning for care home fees: Prepare your assets to properly support you in later life
Every family is different, and every estate is unique. Our team of estate planners are experienced in dealing with a wide range of estates, including complex estates with international elements. Where appropriate, we work with our in-house financial planners at Mogers Drewett Financial Planning (MDFP) to create a bespoke financial and legal plan that works for you.
H2: Next step: Get in touch for estate planning and administration
If you need legal advice on how to start planning your estate, or for estate administration, contact our expert estate solicitors on: 0800 533 5349 or enquiries@mogersdrewett.com
Helpful Guides
Meet the team
Frequently asked questions
Your estate is essentially everything you own. That includes your:
- Home and other property
- Car
- Bank accounts
- Investments
- Pension
- Life insurance
- Furniture
- Personal possessions
An estate plan gives you a say in how your possessions are given to the people or organisations you care about. It arranges your affairs and leaves a written record of your wishes and intentions. Basically, it details how you want your property, belongings, cash and financial assets distributed, and to whom.
Estate planning helps to minimise tax, avoid legal tie-ups and ensures your wishes are followed. Importantly, if you die without a surviving spouse/parent to take care of your children, you can express who you would like to have custody of them.
Many people believe that estate planning, inheritance tax planning, setting up a trust and drafting a Will are only for rich people. That’s simply not true.
Everyone, regardless of financial status or age, can benefit from having an estate plan if they have assets to leave and people to leave them to.
Estate planning protects your personal assets, including some aspects of your business. Succession planning focuses exclusively on safeguarding the continued operation of a business. Estate planning doesn’t guarantee the continuation of your business, but focuses on the distribution of your assets.
It is recommended that you start an estate plan the moment you become a legal adult, and update it every three to five years.
We understand that for most young adults putting an estate plan in place is not a priority. But there are a few life events that should prompt you to put in place or update your estate plan, no matter how old you are. These include:
- Home ownership
- Marriage
- Birth of children/grandchildren
- Divorce
- Inheritance
