Wills and Estate Planning
A Will is a legal document allowing you to determine who will benefit from your property and possessions after your death.
A correctly pepared Will allows you to:
- Guarantee who will receive your property and possessions
You can be certain that everything will go to the people you have chosen.
- Have complete peace of mind
Making a Will means you can put your affairs in order and leave clear instructions to assist the loved ones that you leave behind. You can name Executors to manage and administer an estate and Guardians to look after any children under the age of 18 in the event of their parent's death.
- Reduce heartache and stress after you are gone
Having a Will in place can prevent additional complications in the administration of your estate, reducing worry and stress for those you leave behind and the likelihood of family disagreements. You can also record your funeral wishes so that your loved ones know exactly what you would like them to do.
- Protect your assets
A Will can help you protect the value of your property or savings for future generations, by minimising the effect of Inheritance Tax. The tax payable on an estate when someone dies. Everyone has an Inheritance Tax free allowance called the 'nil rate band'. The current inheritance Tax free allowance is £325,000 for individuals or £650,000 for married couples or civil partners. Inheritance Tax is payable at 40% on the value of the estate which exceeds the nil rate band.
- Our properly prepared and signed professional Will ensures that your Will reflects your individual wishes and is correctly worded, offering you peace of mind and protection for your loved ones.
Contact us to discuss your new Will