Estate planning, along with tax planning, is an essential part of your personal finance portfolio. Changing personal circumstances as well as amendments to legislation and financial environment make it imperative for everyone to look carefully at the way their affairs are ordered. 

Estate planning is complex. Overlooking or neglecting any aspect thereof can create problems in the future. To prevent this, Macs Patel Brothers can advise on estate plans to ensure compliance with all legal and personal requirements.

Some questions to consider:

• How and when should you retire?
• How can you protect your family financially in the future?
• What are the financial implications if you or any of your family emigrates?
• As a family business, how can you provide for those actively involved as well as those who are not?
• How can you prevent a divorce from becoming a disaster?

Wills

Is your will up-to-date, reflecting your current circumstances and future intentions? Our specialised staff can review your existing will, deeds of trust and other agreements to ensure that they are fully in accordance with your wishes and, if necessary, effect any changes or arrange for new documents to be drawn up. 

We tailor your planning to fit your unique needs, stressing the features most important to you and including the full spectrum of possibilities - providing for your spouse or partner, protecting children, maintenance of minors and dependents, and taking care of elderly or disabled relatives. Of course we also make it our business to ensure the tax efficiency of these plans and optimise estate duty savings, within the context of your own circumstances, priorities and preferences.