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Childcare Services compensation
The government are offering compensation to those who have been affected by problems with the implementation of Tax-Free Childcare.Read more >
6 Sep 2017
HMRC online forum and webchat
HMRC have announced the introduction of a new online tax forum and webchat service for small businesses.Read more >
1 Sep 2017
Charities bound by new Fundraising Preference Service
A new service is now available for individuals who want to limit the contact they receive from charities. The Fundraising Preference Service...Read more >
4 Aug 2017
Solihull Chamber News Column - 24th August 2017
The Chamber’s Quarterly Business Report (QBR) always highlights some interesting information on what is happening in the business worl...Read more >
24 Aug 2017
Solihull Chamber News Column - 10th august 2017
As Brexit becomes a reality, the Chamber of Commerce’s International Hub is stepping up its drive to encourage and help businesses to ...Read more >
10 Aug 2017
Solihull Chamber News Column - 20th July 2017
I read recently that the amount of cyber-attacks targeting businesses has increased by more than half in the second quarter of 2017, accordi...Read more >
20 Jul 2017
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?
- 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