Estate planning going hand in hand with expertise

Estate planning is a crucial part of your wealth management strategy.

Moving away from your country of origin can make estate planning far more complicated.

For example, the laws of succession in Portugal and Spain are very different from the UK. They work on the principle of forced heirship. This means that there is a set formula for who receives the benefits from the estate upon death.

Under the European (EU) Succession Law, you are entitled to create a will governed by the country of your origin. This allows you to potentially pass on your legacy to your intended beneficiaries whilst avoiding the local forced heirship rules.

Great care must be taken when drafting a will in Europe. As a general rule, we recommend drafting separate wills for each country where you hold assets. For example, a UK will for your UK assets and a Portuguese will for your Portuguese assets.

Other countries often have different rules, so it is essential to consider the following:

• Who receives your legacy
• What taxation is paid by your heirs
• What tax is levied upon the estate
• The timing of any benefits paid

A well-structured Estate Plan can help to avoid unnecessary taxation and ensure that assets are passed to intended beneficiaries such as your loved ones.

Estate planning provides you with control over your assets during your lifetime and beyond.

Your last will and testament is one component of estate planning.

Trusts can also provide a tax-efficient method for passing on your assets. You can also make gifts throughout your lifetime to reduce the overall value of your estate.

Ultimately, it’s important to have a proper strategy in place based on your situation.

Whether it’s writing a will or something more complex such as setting up a trust, our team of experts can help. On this page, you will find more detailed information on our estate planning services.

Alternatively, you can speak to one of our expert advisers directly using the contact form below.

View all Holborn Assets financial planning services

Why choose Holborn Assets?

1. Certified Credentials

   Our investment professionals hold a variety of prestigious investment qualifications from recognised professional bodies such as the Chartered Insurance Institute, London Institute of Banking & Finance, Chartered Institute of Securities & Investment and CFA (Chartered Financial Analyst) Institute. We encourage all advisers to keep studying to keep their qualifications relevant and up to date.

2. Registered and Regulated

   We benefit from appropriate regulation in all our geographical areas of operation and have been operating successfully in the field of investments since 1998.

3. Strategic Credentials

   Our strategy is about advising our clients on the investments that are best for their individual needs. We appreciate that it is your money, that you have worked hard for it and want to keep it and see it growing. We don’t believe in taking unnecessary risks. That’s why the portfolios we offer are diversified and our advice is focused on ongoing management and a steady hand over the long term.

Estate Planing

Wills

An up-to-date will provides peace of mind for you and your loved ones

Trusts & Gifting

Sound advice for the most efficient ways to distribute your assets