Estate Planning
It’s never too early to make a Will. It’s something many people know they need but often never get around to sorting, which can create big problems further down the line.
A Will is a legally binding document that sets out your wishes for how your estate and assets should be dealt with when you die.
Wills are highly personal, which means there is no ‘one-size-fits-all’ approach. Instead, you should seek specific advice about your individual circumstances, what you’re looking to protect and who will benefit.
It’s important to review your Will regularly to ensure it’s kept up-to-date as your circumstances change, for example, if you enter a new relationship and have children or dependents from your previous one. It’s also vital to ensure your Will aligns with your Inheritance Tax planning to minimise any liabilities and ensure your estate gets divided up according to your wishes.
At BDWM, we pride ourselves on giving a tailored, discreet and professional family protection service to all our clients. We’ll work with you to understand your personal and family circumstances before delivering tailored estate planning advice that provides long-term peace of mind.
We can also show you how to take full advantage of Inheritance Tax exemptions and gifting options, so you can make the most of your legacy and pass on your estate in the most tax-efficient way.
It’s easy to put off writing a Will until later in life, but the sooner you can get one in place, the more peace of mind you’ll have for yourself and your loved ones.
If the worst were to happen and you suddenly passed away, a valid and up-to-date Will can save your spouse or partner, children and family a lot of stress, worry and financial uncertainty. It can help ensure:
- You, your partner and your family don’t pay any unnecessary Income Tax, Capital Gains Tax or Inheritance Tax
- A smooth transfer of wealth from one generation to the next
- Your assets go to the correct beneficiaries
- Your estate and assets are administered in line with your wishes
- Your assets are protected for young or vulnerable beneficiaries.
The Financial Conduct Authority does not regulate Will writing and associated taxation and trust advice. However, with years of experience in this area, our friendly, discreet and professional team are on-hand to provide the best advice and solutions to ensure you’ve got the right estate protection in place for you and your family.
Meet our Estate Planning team
At BDWM, our people are very important to us. They ensure we provide all our clients with the best possible financial planning and wealth management services.
Here, you can find out more about our Estate Planning team.
Kalpesh Ruparelia
Financial Adviser, DipFA
Kalpesh joined BDWM in October 2010 and offers the following services:
- Investments & Savings
- Retirement Planning
- Inheritance Tax Planning
- Life and Critical Illness Insurance
- Private Medical Insurance
- Defined Benefit Pension Transfers
- Mortgages
Testimonial
"I would like to take the opportunity to thank you for your support throughout this process. In particular I am extremely grateful to you for going at a pace that has been conducive to my personal style without any further financial implications.
You have been a tower of strength in this personal journey and you have used your expertise wisely to put me on a positive path where I may not otherwise have entered, certainly not for a few more years which clearly would have been financially detrimental.
"Once again thank you for your continuous support."
Manjit | 09/09/2024
Our Services
If you’re looking for help with other aspects of your finances, why not check out some of our other services?
Ensuring your family is provided for and leaving a lasting legacy for your children and grandchildren is vital to sound financial planning. Getting the right advice can help you and your loved ones feel more secure, empowered and in control at times of emotional distress.
At BDWM, our starting point is always you – what are your dreams and aspirations, and what do you need to protect?
Once we understand this, our team of professional advisers will use their years of experience and expertise to create a strategy that provides you and your family with the peace of mind you deserve.
Get in touch for a free, no-obligation consultation to discuss your estate planning needs.
The Bobby Dhanjal Foundation
The Bobby Dhanjal Foundation supports disadvantaged children across Leicester.
It’s our way of giving something back to the next generation, raising aspiration and investing in its future.