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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...
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    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...

I already have a Will

By on October 11, 2015 in Advice Articles

The number of times people have said that to me when asked to make a Will. ”I already have one. Made it years ago”
How naïve to think that it covers current circumstances or up to date legislation. Any Will should be reviewed at least every three years to ensure it is relevant both as regards beneficiaries, executors and compliance with current legislation.
When Wills were made years ago with High Street solicitors little attention was paid to reductions in the estate of the deceased which could arise from Inheritance Tax, Residential Care Fees or Second and Third relationships. The use of Trusts was minimal, Mirror Wills were used extensively to pass estates on to spouses and children. These all satisfied the wishes of the clients but do little now to preserve the inheritance by the next generation.
The use of Lifetime Property Protection Trusts, Asset Protection Will Trusts, Revocable Life Interest Will Trusts all ensure the protection of Assets after death and can save many thousands of pounds for the ultimate beneficiaries.
So, if you made a Will years ago, do review it now to see if you can do more to pass as much of your assets to your loved ones as possible.

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