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Succession and Estate Planning Services by IMACC & CO

Estate planning involves transforming your vision into an income-generating reality. Estate planning goes beyond asset allocation to preserve your legacy. We have a team of experts focused on developing customised plans for you that require minimal taxes, maximise your inheritance, and provide peace of mind for your family. We look forward to working with you.

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What is Estate Planning?

Estate planning is the process of organising your assets. It ensures that your loved ones benefit from your hard work with minimal tax burdens. IMACC & CO helps you determine whether you want to pass down a family business or personal assets and design a suitable plan that ensures the value of your estate while providing your family protection and a great future. Estate planning is a highly sensitive task that requires a great level of sophistication when it comes to decision making. Therefore, we offer family-oriented plans that are crafted around business and personal life balance.

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Benefits of Family Investment Companies

If you’re ready to secure your legacy, contact IMACC & CO for expert guidance. Reach out to one of our specialists today to discuss how we can help you. We offer free consultations and fixed quotes to get you started.

Senior family members can retain control over wealth while passing it down through generations.
We enable tax-efficient estate management, which reduces exposure to inheritance tax (IHT).
Shareholders can customise the benefits and have them issued alongside shares.
Why Start Planning Early?

It’s never too early to begin estate planning. You can prevent inheritance tax by starting an estate plan at the beginning. Taking such steps early on ensures peace of mind, as it will allow future generations to fully benefit from your life's work. The best out of all examples of early planning, IMACC & CO provides a framework that dramatically saves one’s estate from tax burdens.

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Family Investment Companies (FICs) vs. Trusts

Family investment companies (FICs) are increasingly popular as an estate planning strategy. However, taxation changes have encouraged relatives to shift from trusts to FICs due to their newfound cost-effectiveness. FICs enable families to have better control over their wealth while also reducing inheritance tax liability and facilitating multi-generational wealth management.

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Our blogs

Explore the IMACC & CO blog and case studies for helpful tips on tax accounting and business advice.

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Understanding Income Tax for Small Businesses

A guide to income tax laws and deductions for small businesses.

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VAT Explained: What Businesses Need to Know

A breakdown of Value Added Tax (VAT) and its impact on businesses.

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Essential Bookkeeping Tips for Business Owners

Learn how to maintain accurate financial records for your business.

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We are a team of expert accountants and tax advisers. We provide unwavering support at every stage of your path to success, with solutions crafted to address your specific needs. Our expert-driven services are available to clients across the West Midlands and beyond ensuring personalised and impactful results. Partnering with us, you will no longer struggle to manage your finances as a business or individual.

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