Annual Estate Update
Annual Estate Update
Keep track of where you stand.
Estates drift. Property values rise, gifts get made and forgotten, and allowances that stay fixed while everything else grows mean people cross thresholds without doing anything. Most of that cost is avoidable, if somebody notices in time.
This service keeps your estate schedule current, records the gifts you have made and tracks where you stand against the allowances each year, with a short note on what has changed and what it means.
The first year builds the picture from scratch: every asset, every liability, the gifts already made, and where you sit against each allowance.
What we need each year is small: anything you have given away, current values for the property and investments, any change in what you own, and any amendment to your will.
Where you have taken a Pension Estate Report with us, setting up the schedule is included at no charge, as it is prepared as part of that work.
This report is for you if
- You want to know each year where your estate stands.
- You have already made gifts that need tracking.
- Your position moves often enough that a one-off report goes stale.
| Up to £2m | £1,000 |
| £2m to £3m | £1,500 |
| £3m to £4m | £2,000 |
| Above £4m | 0.05% |
| Up to £2m | £400 a year |
| £2m to £3m | £600 a year |
| £3m to £4m | £800 a year |
| Above £4m | 0.02% a year |
The continuing fee rises with inflation each year. An estate of £6m falls in the top band, so the fee is 0.05% of the whole £6m, which is £3,000 to set up.
Related tax planning reports
Is this the right report for you?
Tell us what you are considering and we will say which report fits, what it costs, and whether you need one at all.