Wealth Planning

Wealth Planning involves taking steps to deal with retirement planning, in terms of providing for post retirement income, dealing pension funding and selling or passing on businesses where appropriate. In addition clients need to look beyond retirement to consider estate planning, and the associated taxation costs, and to put measures in place to facilitate smooth asset transfers in the event of unexpected death, or incapacity.

Consideration should be given to the opportunities for tax savings in the transfer of wealth to the next generation and the advantages of making gifts to secure reliefs under the current tax regime, and to transfer excess assets which are likely to grow in value to the next generation before the increase in value occurs.

High net worth clients will focus on creating, growing, and preserving wealth and O’Hanlon Tax Limited can assist by advising on the taxation implications of income generating and gains, and the capital tax cost of passing assets on, or realising the value of assets. We specialise in advising on the drafting of tax efficient Wills, and the use of trusts. O’Hanlon Tax Limited advises on and provides tax return for all taxation aspects of lifetime gifts, Wills, and inheritances.