Skilled at managing the personal wealth and associated complexities of high-net-worth individuals and families, our Hereford Private Wealth Management specialists provide an unparalleled level of personalized service and expertise.
As your financial concierge, here are some of the ways our private wealth specialists can help you achieve true peace of mind.
We provide through-the-line bespoke support to ensure the correct structuring and management of risk, asset management, legal and tax affairs for businesses, trusts and personal dealings.
A trust (being distinct from any one individual) remains one of the few legal entities in the country that can offer an individual total asset protection. Legally mitigating an individual’s risk, we can thus ensure that all businesses, properties, investments and other assets are owned in the appropriate trusts and corporate structures.
Estate & tax planning
Capital gains tax, estate duty and executor fees payable on the death of an individual are fees and taxes that we can significantly minimise through the establishment of the correct corporate and trust structures. These corporate and trust structures will dovetail with your Last Will & Testament.
Have you considered that your business structures do not necessarily guarantee that your assets will flow to your beneficiaries upon your death, disability or serious illness? Let us take care of putting the correct corporate structures and necessary agreements in place to ensure that your benefits will continue to flow toward your beneficiaries, whilst keeping costs, taxes and duties to a minimum.
“It is crucial that income producing or appreciating assets owned are correctly structured to ensure that a legacy is created and that the assets are not sold, very often way below market value, to meet creditor’s claims or to cover taxes, costs and duties which so often arise.”
The Life Book® was developed to ensure that all your dealings and documents are centralised for instant accessibility. Once your Life Book® has been collated, each and every document, agreement and certificate will be assessed to ensure its legal validity, tax and cost effectiveness and that no contradictions or anomalies occur. As an on-going project, we will ensure documentation is always current and that the Life Book® is always up-to-date. This in turn will guarantee that spouses and other beneficiaries do not have to experience lengthy delays spanning many years and additional fees as executors endeavour to find, collate and piece together the deceased client’s personal and business dealings.
“Most successful business people are generally extremely effective in ensuring that their businesses remain profitable and sustainable but often at the expense of tidying up after themselves. With highly technical and complex financial needs, an experienced private wealth specialist can provide you with the two things money really can’t buy: real peace of mind, and more time to spend on other ventures.”