Estate Planning and Asset Protection

PRASIDIUM
WEALTH PRESERVATION

Protecting Your Assets, Securing Your Future


Prasidium Wealth Preservation works with private clients and businesses to protect their assets and secure their futures. Whether you need a simple will, advice on protecting your home from care fees or have more complex issues, including mitigating tax, we can provide you with the perfect solution to achieve your goals protecting your estate and assets for future generations.

Working in association with Countrywide Tax & Trust Corporation Limited, which is an established Trust Corporation company providing Legal Services, Probate, Professional Executor and Trustee services, and is part of a group of companies providing advice in all aspects of Estate Planning and Asset Protection, we can ensure that you receive the very best advice and planning available.

Holding the status of a Tax and Trust Corporation clearly illustrates that they are professionals of the highest standing. A Trust Corporation is a business organised specifically for entering into fiduciary relationships with individuals or organisations to act as an Executor, Guardian, or Trustee, in administration of custodial arrangements, estates and Trust funds. Trust Corporations also provide services such as Estate Planning.

Being a Trust Corporation allows improved security and efficiency in both applying for Grants of Probate and Trust work, whilst giving clients extra protection due to the capital held by the company not to mention the Professional Indeminty Insurance arrangements in place.

Countrywide Tax & Trust Corporation Limited is an established Legal Company, whose Directors are members of S.T.E.P (The Society of Trust and Estate Practitioners) and offers advice in all aspects of Estate Planning.

Prasidium Wealth Presservation Ltd working in association with Countrywide Tax & Trust Corporation Ltd.

Christopher White,

Estate Planning Consultant, Prasidium Wealth Preservation Ltd

 

SERVICES

 

ESTATE PLANNING

Protecting Your Assets, Securing your Future

How can I Protect my Children's Inheritance?

This is more commonly known as “Bloodline Planning”.

Bloodline Planning is ensuring that your assets reach your children, grandchildren and other relatives, rather than ending up in the wrong hands!

When assets are distributed to beneficiaries "absolutely", (ie. they receive cash, property or other assets as a direct lump sum payment) so much can be lost. These assets are then considered to be part of the beneficiary's estate and would be at risk of attack from any future divorce settlements, creditors and taxation.

With the strategic use of Trusts, Countrywide Tax & Trust Corporation Limited can ensure that your children and grandchildren are able to benefit from the inheritance you want them to receive with the maximum possible protection from divorce, remarriage, taxation and creditors.

Have you considered what might happen if your surviving spouse were to remarry? How would this affect your own children if he/she later changed their will in favour of the new spouse and any subsequent children?

Or for those of you who already have children from a previous marriage how do you ensure that they would get their fair share?

What if your children are very young or have special needs? How can you ensure that they are fully provided for?

There may also be a business you have worked hard to build up. Surely you would want to protect this for your family too?

Do you really want to leave it all to chance, when with our professional help to set up the correct type of planning all these problems could be solved?

Our expertise will ensure that your assets are both fully protected from attack and immediately available to your loved ones after you are gone.

TAX AND TRUSTS

Can Trusts Reduce or Eliminate the Tax I Pay?

Can Trusts Reduce or Eliminate the Tax I Pay?

Trusts have been instrumental in mitigating tax since Medieval times. Trusts were initially created for the Nobility and wealthy landowners to avoid paying taxes to the Crown.

The introduction of Trusts led to a distinct loss of tax revenue and it did not take long for the first anti-avoidance statute to be introduced; by Henry VIII in 1535.


Since then, there have been many changes to Trusts and their uses and equally to the Inland Revenue rules which affect them.


Nowadays, you don’t have to be a Nobleman, or a wealthy landowner to want to take advantage of the many tax strategies Trusts can provide.


Many people now look to using Trusts as a means of mitigating tax which would otherwise be payable.


There are four types of Tax which could affect you and your estate:

  • Corporation Tax

  • Capital Gains Tax

  • Inheritance Tax

  • Income Tax

So whether you own your own business and your concern is Corporation Tax, own property or hold other forms of assets which would fall prey to Capital Gains Tax, or believe Inheritance Tax will become an issue for your intended beneficiaries; Countrywide Tax & Trust Corporation Limited can provide you with the correct type of tax planning to ensure as much tax as possible is saved.


Countrywide Tax & Trust Corporation Limited are experts in providing advice on all aspects of tax planning and the use of Trusts, which will provide these ultimate tax savings.

BUSINESS SUCCESSION PLANNING & ASSET PROTECTION

How can I preserve my Business Assets for my Family?

How can I preserve my Business Assets for my Family?

Hard work and dedication has meant that you have built up a sound business to benefit you and your family and naturally you would want to ensure that your loved ones are provided for in the event of your death. So what if the worst should happen and either you, or a business partner were to die?

Do you know who would actually be entitled to this share of the business?

Without a valid Will the deceased’s share would be subject to the Laws of Intestacy and the person who inherits may not be the person you intended. Would you or your business partner be content to run your business with their surviving spouse or their beneficiaries? This could have a major impact on the running of the business or the value of the business may now go down following the death of such a key person.

Without the appropriate Business Succession strategies:

  • Your spouse / partner and children may not inherit your share of a business.

  • Business partners may not be able to buy out the deceased’s share.

  • The surviving spouse or children may be obliged to take over the running of the business.

  • The value of the business could depreciate owing to the inexperience of any beneficiary

  • The business may have to be sold and the proceeds become liable to Inheritance Tax.

TESTIMONIALS

"I endorse Chris for Business planning, Budgeting, Project management, Business development, Proposal writing, Programme Management and Startup consulting.

......very positive and dynamic energy, exuding the 'can do' attitude so essential in business.

....... very easy to work with, fair, approachable, highly professional and totally competent."

Simon Albert, Director, The PC Support Group

" a solid reputation in the Consultancy industry and you should look no further if you are wishing to procure Project/Programme Management services.

...have worked with Chris on a number of occasions including delivery of the multi-million pound "MerseyBroadband", "Harnessing Digital Technologies" and "ICT Investment Fund" projects and hope to do so again.
"

John McDermott, Financial Services Consultant, Lloyds Banking Group

"I endorse Christopher for business planning, business consulting, budgeting, project management, business development, business strategy, proposal writing, project writing, programme management and business startup consulting."

Phillip Ramsey, Managing Director, Clarity Creation

"I endorse Christopher for business planning, business consulting, business development, proposal writing, project writing and startup consulting."

Stephen Connolly Director of Business Improvement at Stericycle (SRCL/ERS Medical Ltd)

"I endorse Christopher for business planning, project management, business development, business strategy, proposal writing, project writing and program management."

John Dugmore CEO at Suffolk Chamber of Commerce

"I endorse Christopher for business planning, business consulting, budgeting, project management, business development, business strategy, proposal writing, project writing, program management and startup consulting."

Ian Bulmer Programmes & Policy Manager at Liverpool Chamber of Commerce

 

CONTACT US

 

PRASIDIUM
WEALTH PRESERVATION

0333 012 4509


No. 1 Old Hall Street, Liverpool L3 9HG


Registered Office: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ


Company No. 11319176       VAT Reg. 294 2089 81

© PRASIDIUM WEALTH PRESERVATION LTD