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  • Basic Wills from £125.00
    Basic Wills from £125.00
    Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes. Click the image to read more...
  • We realise that most people haven’t experienced probate before. Probate is the administration of a deceased’s Estate by the appointed “executors” in the Will, usually family members. At an already difficult and emotional time, the complexities of executing a Will and establishing any appropriate Trusts can be an arduous task. Click the image to the left to read more...
  • Inheritance Tax is simply a tax on money or possessions you leave behind when you pass on.It can also apply to some “gifts” you make during your lifetime. It is therefore vital that you receive professional Inheritance Tax Advice on your position to minimise the impact and tax paid should the worst happen, ensuring that your loved ones receive as much of your money as possible. Click the image to the left to read more...
  • Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes, unless you write a will. Click the image to the left to read more...
  • Lasting Powers of Attorney from £150
    Lasting Powers of Attorney from £150
    Often serious illness or accidents strike without warning. Last year, for example, approximately 130000 people suffered strokes. Without a Lasting Power of Attorney being available this is when it becomes difficult... Click the image to the left to read more...

Business Owner Dies

By on June 23, 2013 in Latest News

The death of a Business Owner should not necessarily be the death of the Business.

A properly drawn Will containing a Business Trust can clearly define how the Business continues and who will own/operate it. A family should not lose this very valuable asset because of the Owner’s death.

 

Another very important document is a Power of Attorney. The Owner may not die but become seriously ill or incapable of managing the Business. To continue operating the finances of the Business someone needs appropriate authority to be able to undertake the responsibility.  A Lasting Power of Attorney made before any crisis occurs will ensure continuation at a crucial period of uncertainty.

Prudent Business Owners plan for emergencies. A Will and a Lasting Power of Attorney are planning tools for a successful future.