Creating an Estate Plan
What does Estate Planning at Thorntons look like?
Firstly, we believe it is extremely important that you are in the know. In order to make a plan, you need to see clearly all the pieces that are in play.
Identifying the objectives of your estate plan
The first step in creating a plan for your estate, is to come to a clear understanding of the preferred outcomes of the plan. Who do you want to benefit? What are your hopes for your business? In an initial meeting with the team at Thorntons, these objectives will be discussed and mapped out, so that you can continue with a clear plan of what you want, which can then guide you in future decisions.
Identifying your assets
At Thorntons, we know that you have been working extremely hard to secure all that you have. We can organise valuations and appraisals, to give you a straightforward, comprehensive report of your assets. Armed with this, you will have a much better vision of how you want your estate plan to take shape. Awareness is the key.
Identifying Risks
Although is is a little scary to think about, it is important to be prepared for as many different possible scenarios as we can. A part of this, is addressing the possibility of unforseen circumstances, such as illness or accidents. Ultimately, the biggest risk you can take, is leaving these possible scenarios, and how they may effect your asset management, unconsidered. So, just by taking these inital steps with Thorntons, you are already on the right track to avoid risk.
You are ready to make a plan. You are ready for tomorrow!
