Subscribe to our e-news

Register now to receive regular e-news bulletins designed for business owners and individuals.

Please enter your email address below:

Related News

Tax-Free Childcare to be rolled out from 28 April 2017

Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, will be launched from 28 April 2017.

Read more >
13 Apr 2017

Minimum wage rises again

Employers need to ensure they are paying their employees at least the appropriate National Minimum Wage (NMW) or National Living Wage (NLW) ...

Read more >
12 Apr 2017

Equality - Gender pay gap reporting

The government has introduced new requirements for all private and voluntary sector employers of over 250 people relating to equal pay repor...

Read more >
11 Apr 2017

Related Blogs

Xero now has over one million subscribers!

At Prime we love Xero and have been fans from the start! It gives us immense satisfaction to see that Xero have now got more than One Millio...

Read more >
7 Apr 2017

The Pensions Regulator - Compliance and enforcement bulletin

The Pensions Regulator has released their latest automatic enrolment, compliance and enforcement bulletin for the 1 October to 31 December 2...

Read more >
24 Feb 2017

What business can learn from sport

There are many correlations between Sport and Business, the planning and discipline that goes into being a successful athlete are equally ap...

Read more >
8 Dec 2016

  • Contact Prime Today

    Contact Prime Today

    To ensure that your assets will be protected, please contact us for a free initial meeting.

    Please Email Us >

Wills and Trusts

The vast majority of people will delay making or revising a Will for a variety of reasons but this can pose many problems for those that are left behind. Making a Will enables you to plan exactly what will happen to your estate and personal assets, ensuring that those you would like to benefit actually do so.

Without an up-to-date Will in place:

  • You cannot be sure those you would wish to benefit will actually do so
  • Your spouse or civil partner will not automatically inherit ALL of your estate
  • Common Law partners may not receive anything
  • Minor children could be taken into care while Guardians are appointed
  • There could be lengthy delays for your beneficiaries and disputes between relatives

And if you are a business owner, do you know who would actually be entitled to your share of the business upon your death? Would your business partner be content to run your company with your surviving spouse or beneficiaries?

Without the appropriate Business Succession strategies such as Trusts or Shareholder Protection:

  • Your spouse / partner and children may not inherit your share of a business.
  • Business partners may not be able to buy out the deceased’s share.
  • The surviving spouse or children may be obliged to take over the running of the business.
  • The value of the business could depreciate owing to the inexperience of any beneficiary
  • The business may have to be sold and the proceeds become liable to Inheritance Tax. 

Prime can provide specialist succession and bloodline planning that maximises tax efficiencies and eases the transition of assets through generations at a time that’s particularly difficult for family and business partners. We can also offer advice on how to protect your home and assets should you need to enter a care home in later years. 

Call Prime Today - we're here to help

Ensure that your assets will be protected and your wishes met by arranging a free initial consultation with us today.

Coventry - 024 7651 8555 or Solihull - 0121 711 2468

Trusts 22 Apr 2017

Managing Absence 16 Apr 2017

Legal working in the UK 15 Apr 2017

Agency Workers Regulations 12 Apr 2017

Incorporation 11 Apr 2017

Spring Budget Summary 2017 9 Mar 2017

Autumn Statement 2016 24 Nov 2016