Looking after Business
It is crucial to future proof a business if a key person is taken while still active in ownership. Hilliards can help guide the need for the right supports to keep the business strong, whether that be the Director group, Shareholder agreements, or a continuity plan.
It is often critical to conserve cashflow, and with advanced Will planning using the next generation Wills, the maximum use of tax reliefs, exemptions or “no tax transfers” can be made.
Will Conversion
If you already have a business will that fully encompasses everything you want from a personal point of view, but needs updating for the new rules to take advantage of next generation planning then Hilliards can do that simply and effectively to make sure you have the best benefit with the least consumption of time.
Property Businesses
Property Businesses are relatively unique in that they do not attract the same level of tax relief as other types of business. Hilliards can maximise protection from cash outflows on death, while making sure that the right choices for the business are encapsulated in the Will and accompanying documents. Keeping as much cash as possible allows the optimal choices to be selected for the next generation.
Working With Others
Hilliards only does Business Will planning, and so works positively with accountants and business advisors daily to make sure that when it matters all the key assets are handled correctly, family is taken care of and cash outflows are minimised.
Document Retention
We take care of your documents, and, while you have copies we will retain your Business Wills in our Deeds storage to ensure that they are safe and secure, to give you peace of mind.
Anti-Money Laundering
Like all professionals we do need to verify identity, and store it carefully, so would ask that all new clients provide a photo ID and proof of address, so we conform to regulations.