Protecting & Preserving Your Wealth For Generations To Come…

Estate planning is the process of arranging for the management and disposal of your estate during your life and after your death. At Belmont Wealth Planning, we assist you with Wills, Trusts, Mental Capacity Protection and all other legal documents to ensure your wishes are met.

A will is essential because it outlines how your assets will be distributed upon your death. Without a will, your estate may be distributed according to intestacy laws, which may not align with your wishes.

A will is a legal document that specifies your wishes regarding asset distribution after death, while a trust is a legal arrangement that allows a third party (the trustee) to hold assets on behalf of beneficiaries. Trusts can provide benefits such as avoiding probate and reducing estate taxes, and our team at Belmont Wealth Planning can help you determine the best option for your needs.

No. You can create a Will with a solicitor. However, in our opinion, most solicitors are not experts in the field of estate planning and merely offer an execution-only service rather than offering an in-depth examination of one’s estate and a bespoke service. It is always highly recommended that an expert estate planner in the field of estate planning be consulted when making decisions that will affect future generations. At Belmont Wealth Planning, our experienced Estate  Planner, Kamal Solanki, can ensure that your Will is legally sound, tax efficient and accurately reflects your wishes.

Probate is the legal process of administering a deceased person’s estate. It involves validating the will (if one exists), paying debts, and distributing the remaining assets to beneficiaries. Belmont Wealth Planning can guide you through this process smoothly.

Yes, you can change your will at any time, as long as you are of sound mind. It’s advisable to formally update your will rather than simply making changes by hand. Belmont  Wealth Planning can assist you with any updates you need. 

If you die without a will, your estate will be distributed according to the intestacy rules,  which may not reflect your wishes. This can lead to delays and complications for your loved ones. At Belmont Wealth Planning, we can help you create a Will to avoid these issues.

Your estate plan should include a Will, Trusts you wish to establish, Power of Attorney and a list of assets and beneficiaries. Belmont Wealth Planning can help ensure that all aspects are covered while ensuring that your estate remains tax-efficient. 

It is advisable to review your estate plan every few years or after major life events, such as marriage, divorce, the birth of a child, or significant changes in your financial situation.  Belmont Wealth Planning recommends regular reviews to keep your plan up to date.

Estate planning can help protect your assets from care fees, which may arise if you require long-term care. By establishing certain trusts or gifting assets, you can reduce your estate’s value and potentially qualify for means-tested support. This ensures that more of your wealth is preserved for your beneficiaries rather than being consumed by care costs. Belmont  Wealth Planning can provide expert guidance on how to structure your estate to maximise protection.

A Free Discovery Meeting with Kamal Solanki, an expert Estate Planner at Belmont Wealth Planning, allows you to navigate and implement your bespoke estate plan effectively. With his expert knowledge and wealth of experience in the industry, Kamal will work with you to understand your unique circumstances and goals, ensuring that your estate plan is tailored to meet your specific needs. This personalised approach helps you make informed decisions about your estate and provides peace of mind for you and your loved ones.