Freeze your estate’s value

If you have substantial assets, and particularly if you have a business that may increase in value, you may wish to obtain professional advice as to the appropriateness of “freezing” your estate.

Estate freezing is the term used to describe steps taken to fix the value of your estate (or a particular asset) so that future growth will go to your children or other beneficiaries and not be taxed at your death.

Although this field of estate planning is quite complex, an estate freeze may substantially reduce the tax payable on death without seriously impairing your access to income or assets during your lifetime.