Ian Macdonald is a lawyer with Wright, Johnston and Mackenzie, Solicitors, in Glasgow, Scotland specialising in tax, trusts and estate planning.
In order to safeguard your assets, estate planning should be actioned early and on a regular basis. There are seven key stages of planning and they can be well illustrated by Jaques' famous speech describing the Seven Ages of Man
"All the world's a stage… and one man in his time plays many parts, his acts being seven ages."