Welcome to B-Legal: Providing Clear and Experienced Advice for Your Estate Planning Journey.

Our mission is to empower you with the knowledge and resources needed to make informed decisions about your future.

Your Choice, Your Convenience, Your Price: Explore Our Range of Services

Secure your legacy with precision. Opt for a Power of Attorney, draft a will, or establish a trust with B-Legal. Our expertise guards against disputes and mitigates taxes, safeguarding your estate. Take decisive action today to protect your family's tomorrow.


Why B-Legal?

Secure your legacy with B-Legal Estate Planners, leaders in straightforward and affordable estate planning. Specializing in Power of Attorney and Wills, we demystify legal processes, offering clear, cost-effective solutions. Your family's future is safeguarded with our expert, jargon-free guidance.

Seeking free advice on estate planning? Our dedicated team provides personalized support to navigate your legal needs efficiently. Trust B-Legal's transparent service for peace of mind in securing your assets.

Zoom Appointments for Your Convenience


Prefer a virtual discussion about your estate planning? B-Legal offers the convenience and comfort of Zoom appointments. Our trusted associates are ready to meet with you virtually, ensuring a personalized and private experience.

During the online consultation, they will provide detailed guidance on wills, powers of attorney, and trusts, tailored to your unique circumstances. Schedule your Zoom appointment today and embark on your estate planning journey with the utmost confidence and ease.

Our services

Wills with Trusts

Wills with Trusts combines estate planning methods, enabling specific asset distribution, potential tax benefits, and controlled support for beneficiaries after the testator's demise.

Lifetime Trusts

Lifetime Trusts, established during the settlor's lifetime in the UK, offer strategic estate management, asset protection, and tailored beneficiary provisions for future financial security.

Lasting Power of Attorney

Lasting Power of Attorney (LPA) in the UK enables individuals to appoint trusted persons to manage their health, welfare, or financial affairs in potential future incapacity scenarios.

Prefer a Home Visit ? Book a home visit

Prefer a face-to-face discussion about your estate planning? B-Legal offers the convenience and comfort of home visits. Our trusted associates are ready to meet you in your own home, ensuring a personalized and private experience.

During the visit, they will provide detailed guidance on wills, powers of attorney, and trusts, tailored to your unique circumstances. Schedule your home visit today and embark on your estate planning journey with the utmost confidence and ease.

Clients Feedback

Explore Your Options: Online, Zoom, or Home Appointments - We Have a Service to Suit Every Budget

Navigating the complexities of Power of Attorney is made easy with B-Legal's comprehensive services. Whether you prefer the convenience of online, Zoom, or home appointments, we have a solution that fits your needs and budget.

Experience the simplicity of establishing a Power of Attorney online with B-Legal. Our platform connects you with accredited legal advisors who specialize in Power of Attorney arrangements, ensuring a secure and streamlined process.

Whether you're planning for future healthcare decisions, financial management, or safeguarding your assets, our digital solutions are designed for clarity and ease of use. B-Legal's commitment to accessible and trustworthy online legal services transforms how you prepare for tomorrow.

Protect your autonomy and ensure your wishes are honored with B-Legal's expertly guided online Power of Attorney services. Trusted by clients nationwide, B-Legal stands as a beacon of innovation in online estate planning.

Discover why our clients recommend B-Legal for seamless, professional online Power of Attorney services.

Insights and Advice

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Downsizing Your Home for Estate Planning: A Wise Move?

January 04, 20242 min read

Is it Wise to Downsize? An In-Depth Look at Home Downsizing for Tax Purposes

Downsizing, the act of moving into a smaller, more manageable property, is often considered a practical decision for those approaching retirement or looking to simplify their lifestyle. However, when it comes to estate planning, the implications of downsizing extend beyond just lifestyle changes; it can significantly impact one’s inheritance tax obligations.

a cozy, smaller home representing the concept of downsizing for estate planning, with a comparison to a larger family home in the background, symbolizing the transition and its impact on inheritance tax

The Financial Appeal of Downsizing

Inheritance Tax Benefits: One of the primary incentives for downsizing is the potential reduction in inheritance tax liability. A smaller home generally means a lower estate value, which can be crucial if your current property's value pushes your estate above the £325,000 inheritance tax threshold.

Increased Cash Flow: Selling a larger property and moving into a smaller one can release significant equity. This liquidity can be redirected into savings, investments, or even as gifts to family members, which can also play a part in reducing your future inheritance tax liabilities.

The Emotional and Practical Side

Sentimental Value: The family home is often more than just property; it's a treasure trove of memories. Leaving this behind can be emotionally challenging and is a significant factor to consider.

Lifestyle Adjustments: Downsizing often means adjusting to a smaller space, which might affect your lifestyle. This could include having less room for hosting family gatherings or pursuing hobbies that require space.

The Costs of Moving: The financial benefits of downsizing can be offset by the costs associated with moving, such as estate agent and legal fees, and the physical act of moving itself.

Estate Planning Considerations

Professional Advice: It's essential to consult with estate planning experts, like b-legal.co.uk, who can provide comprehensive advice considering your overall financial and estate planning strategy.

Long-Term Planning: Downsizing should be viewed as a component of a broader estate planning strategy, rather than a standalone solution. Other elements like wills, trusts, and lifetime gifting should also be considered to create a balanced and effective estate plan.

Conclusion

Downsizing can be a smart move for estate planning, but it's not without its challenges. The decision should be well-thought-out, considering both financial benefits and personal implications. Professional advice is key to ensure that this step aligns with your broader estate planning goals.


Downsizing for Estate PlanningInheritance Tax ReductionHome Equity ReleaseEmotional Aspects of DownsizingRetirement Home TransitionEstate Value ManagementInheritance Tax ThresholdLifestyle Changes in Retirement
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Jon Byrne

Jon Byrne, the driving force behind B-Legal, knows his stuff when it comes to estate planning. He's all about making sure your legacy is in good hands. With loads of experience under his belt, Jon's the go-to guy for crafting estate plans that fit you and your family's needs like a glove. Lean on Jon's expertise to keep your assets safe and make sure everything passes to your loved ones without a hitch.

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