Need an Experienced Estate Planner?

Welcome to Xcelentra’s Estate Planning Services. Writing a Will can be a sensitive process, but an essential process – towards protecting your assets, securing your family's future, and ensuring your wishes are honoured. Without a Will, the court decides how your assets are distributed, potentially sparking conflicts and inflicting unnecessary stress and uncertainty on your loved ones.

To guarantee that your final wishes are carried out exactly as you intended, our team of experienced Estate Planning Consultants are here to support you. Whether you need advice on how to even start, or have everything figured out and just need someone to legally guide you, we are here to help.

Xcelentra’s Expertise

Writing will - A will is a document that contains your direct wishes for your property and assets, as well as the care of your dependents - Discover the best online will writer

Will Writing

Protect your assets for generations to come

Severance of Tenancy is a legal process that enables Joint Tenants to change the status of their property ownership to Tenants In Common

Severance of Tenancy

From Joint Tenants to Tenants In Common

Will review - You should review your will every 5 years or after a major change in your life – such as the birth of a new grandchild or moving house.

Will Reviews

Professional and legal opinion on Wills

Trust Planning - Non-resident trust – a trust where all the trustees are resident outside the UK. This can sometimes mean the trustees pay no tax or a reduced amount of tax

Trust Planning

Reduce the tax for you & your beneficiaries

Power of Attorney appoints someone else to make decisions on your behalf, an ACD sets out your wishes directly to your medical treatment providers should you be unable to

Power of Attorney

Decisions about financial affairs, or your health/care

Will storage - While there is no legal requirement as to where you must register, deposit, or store your Will, we would recommend that you always use a secure document storage

Will Storage

Document is protected from damage and loss

Will Writing

We offer both individual and joint bespoke Will writing services. Our estate planning experts will work closely with you to create a legally binding will that clearly outlines your wishes for the distribution of your assets and the care of your dependents.

Will Reviews

We periodically review your Will in order to adapt it to changes in your personal life, and align it with any changes from the legal standpoint (including Taxation). The idea is to ensure lawful compliance, minimised surprises, and provide you maximum benefits of the prevailing framework.

Power of Attorney

We can greatly assist in the preparation of legal documents known as Living Wills or Advanced directive that defines your healthcare and end-of-life care preferences, ensuring that your medical preferences are respected. Xcelentra can also help you establish a Lasting Power of Attorney (LPA), enabling a trusted individual to make financial and legal decisions on your behalf if you become incapacitated.

Severance of Tenancy

If you own joint property, we can assist you in converting from Joint Tenants to Tenants In Common, which will provide you better control and protection of your share. This is particularly useful when using a protective property trust. Meaning you can specify through your Will to whom your ownership interest should pass, instead of your sharing passing only to the other owner.

Trust Planning

Putting a Trust structure in your Will can greatly benefit select loved ones who cannot adequately manage their financial affairs. One of the best methods to financially protect a dependent beneficiary is to include protective testamentary trusts in your Will. Our experts can assist you with the Trust planning for Disabled/Vulnerable Persons, Protective Property Trusts, Asset Protection Trusts, and Flexible Life Interest Trusts.

Will Storage

In partnership with ‘The National Will Archive’, we offer secure Will storage services. Your original documents are stored securely and are accessible free of charge at any time. For more information on The National Will Archive its facilities and services, please visit their website - https://www.thenationalwillarchive.co.uk.

Why Xcelentra

Best Accountants

Experienced Team

Our experienced & qualified accountants help businesses in a variety of industries

Streamlined Processes - Our simplified _ intuitive approach saves you time, allowing you to concentrate on core business.

Streamlined Processes

Our simplified approach saves you time, allowing you to concentrate on core business

Accurate _ Efficient - We ensure accurate compliance and control in line with statutory requirements _ laws.

Accurate & Efficient

We ensure accurate compliance and control in line with statutory requirements & laws

Cost Efficiency - Cost savings not just by lowering overhead costs, but also by avoiding expensive mistakes

Cost Efficiency

Cost savings by lowering overhead costs and avoiding expensive mistakes

Custom Solutions - Flexible, practical, and customized solutions for all types _ sizes of business

Custom Solutions

Flexible, practical, and customised solutions for all types & sizes of business

Comprehensive Solutions - From accounting to immigration to new business setups, Xcelentra is your one-stop service provider

Comprehensive

Management Accounts for critical insights into financial & accounting affairs

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FAQs

Estate planning in the UK is crucial to ensure that assets are distributed according to your wishes, minimise inheritance tax, and provide for loved ones after your passing.

 

Is estate planning only about distributing assets after death?

Estate planning encompasses more than just distributing assets. It also includes provisions for healthcare decisions, appointing guardians for minor children, planning for incapacity, and considering your personal values and legacy. Our service assists in creating a holistic estate plan that covers all these aspects.

Can estate planning help minimise inheritance tax liabilities?

Yes, effective estate planning can help minimise inheritance tax liabilities by utilising available exemptions, reliefs, and tax-efficient strategies. Our service provides expertise in estate tax planning, ensuring individuals take advantage of all available options to reduce their tax obligations.

Is estate planning only for individuals with large estates?

No, estate planning is beneficial for individuals of all wealth levels. It allows for the orderly distribution of assets, protection of beneficiaries, and can help avoid legal disputes. Our service assists individuals in tailoring an estate plan that meets their specific circumstances, regardless of the size of their estate.

What happens if I already have an existing estate plan but need to make changes?

If you have an existing estate plan but require changes, our service can help you review and update your plan to reflect your current wishes and circumstances. It is important to regularly review your estate plan to ensure it remains up to date and aligned with your goals.

 

What does the estate planning process involve?

The estate planning process involves assessing one's financial situation, setting goals, creating a will, establishing trusts if necessary, designating beneficiaries, considering tax implications, and regularly reviewing and updating the plan. Our service guides individuals through each step, ensuring a comprehensive estate plan tailored to their specific needs.

and filing of tax returns, ensure compliance with tax regulations, and assist in resolving any tax-related queries or issues that may arise.

How often should I review and update my estate plan?

It is recommended to review your estate plan regularly, especially when significant life events occur, such as marriage, divorce, birth of a child, or changes in financial circumstances. We suggest reviewing your plan every 3 to 5 years or whenever there are significant changes to ensure it remains current and aligned with your wishes.

How can your Estate Planning service help me address complex family situations or blended families?

We understand that family dynamics can be complex. Our Estate Planning service takes into account your unique family situation and can provide solutions to address challenges such as blended families, multiple marriages, or strained relationships. We work with you to develop an estate plan that respects your wishes while minimising potential conflicts.