Estate & Tax Planning

Taxation

Taxation is an unavoidable aspect of our financial lives, affecting our income, capital gains, and even the value of our estates. However, understanding taxation can be complex, with rules, reliefs, and allowances constantly changing.

At Masons, we recognise the importance of having a clear understanding of how taxes work and the strategies available to minimise your tax liabilities. By consulting with a professional adviser, you can gain insight into the most efficient ways to arrange your finances and optimise your tax planning.

Our experts can help you plan your taxes in advance, devising effective strategies that utilise lawful reliefs and allowances to reduce the amount you owe to the government. With a better understanding of taxation, you’ll be better equipped to manage your finances and potentially save money in the long run.

It’s important to remember that taking proactive steps to manage your taxes is key. By doing nothing, you may end up paying more to the government than necessary. Partner with Masons today to take control of your tax planning and ensure your financial affairs are optimised for the future.

Estate Planning

Estate planning is about ensuring your assets are passed on according to your wishes, both during your lifetime and after your death, in the most efficient way possible. At Masons, we specialise in helping you navigate this crucial aspect of financial planning.

Effective Management of Inheritance Tax (IHT): One of the key components of estate planning is managing inheritance tax (IHT). The sooner you start planning and the more comprehensive your strategy, the better you can minimise the impact of IHT on your estate. Our experts at Masons will guide you through the complexities of IHT, ensuring your assets are protected and your tax liabilities are minimised.

Beyond Inheritance Tax: Estate planning encompasses more than just inheritance tax considerations. It’s about ensuring you have the financial resources to live the life you want and handle unexpected events. With a solid estate plan, you gain the confidence to make informed financial decisions.

Enjoy the Benefits Now: A well-crafted estate plan allows you to make financial gifts during your lifetime, enabling you to witness the positive impact on the people and causes you care about. Whether it’s supporting family members or contributing to charitable causes, estate planning gives you the flexibility to see the benefits of your generosity.

Partner with Masons: At Masons, we understand the importance of estate planning in securing your financial future and fulfilling your wishes. Our team of experienced advisers is here to help you develop a comprehensive plan tailored to your unique circumstances.