Wills
Writing a Will is a very personal and important issue. Should a lifetime of work and choices be left for friends or relatives to decide upon? Will they follow your recommendations? Possibly not. Will the Courts remember a particular family item that was to be given to your close friend or a donation to charity that you always promised to make? The simple answer is no.
We have the freedom of choice as to who will inherit our possessions and assets and writing a Will ensures that these wishes are carried out.
Sadly some marriages do end in Divorce or loss of a Spouse with assets intended for children lost through a second marriage? Protection can be found through writing a Will and the use of Trusts.
Providing for your un-married partner through your Will ensures that they are financially catered for and may reduce the burden of Inheritance Tax.
Care Home costs in many cases have caused the sale of the family home yet professional planning through your Will can reduce this risk.
Children will inherit at the age of 18 are they ready to manage the assets? Wishes in your Will can guide your Trustees on how and when the inheritance can be used.
Grandparents would you like to skip a generation and leave what you have to your grandchildren. Only a Will can do this for you.
Disabled or vulnerable relatives? Your Will can provide guidance and protection through Trustees that you have appointed.
Business Interests? Will your family or business partners be allowed to carry on? Are your business partners protected in the event of your death? A professionally written Will and the use of Trusts are effective and efficient tools for dealing with your business.
Widowed, Divorced, Change in Circumstances? Time to make a new will? Call us for a confidential discussion on your personal circumstances and whether there is a need to write a new Will.
3 Years since you wrote your Will? Laws change, circumstances change take time to read over your Will. Is it Tax efficient? Would you like to make a small change (codicil)? Contact us for an informal chat and recommendations.