• 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...

The Wealthy are giving it away

According to a recent survey an increasing number of Britons are getting around inheritance tax by handing assets to loved ones before they die. So says the Daily Mail today. According to the report the phenomenon is more prevalent among the wealthy who know they will be most likely financially capable of leaving an inheritance . Cash is the favourite gift because it is exempt from capital gains tax. There is of course the time factor whereby it is not entirely free of inheritance tax until the expiration of seven years after the gift.

This does not alleviate the necessity of writing a Will. Properly drawn Wills are an essential part of financial planning as are Lifetime Property Protection Trusts , Asset Protection Trusts and Powers of Attorney. Parents and Grandparents who want to ensure their loved ones benefit in the future from the assets accumulated over their lifetimes should utilise all of these means to pass them on.