Wills
Wills are the cornerstone of financial planning. A will tells everyone what you want to happen to your money, possessions and property. This is called your estate.
But NOT leaving a will means that what happens to your estate will be set out in law. You die intestate. As this will mean that the law will decide how your estate is shared, and it will probably not be how you wish your things to be passed on.
Better solutions for you and your family.
We recommend our sister company Foresight Estate Planning who specialise in the preparation and drafting of wills, together with a wide range of other legal services, including the setting up of Trusts (both life-time Trusts and post death Trusts) and Powers of Attorney.
Improve your financial future
01603 268080
We prefer clients to make Wills as soon as possible. This will mean that:
- you save time and make it easier for your family or friends to sort out your estate
- your things will be shared out among the people that you want them to be
- you may save inheritance tax
- you can ensure your loved ones, especially children, and possibly those outside your immediate family are cared for how you would expect them to be
Your will tells people who you want to receive your estate, and also who will organise the distribution of your things – your executors.
A will may be quite simple, especially if you are single or your family is small and receive all your estate. However, as you age and your wealth increases and have more complicated pensions investments and assets, your estate will require more complicated planning to ensure it is passed on how you wish and you minimise any taxes.
As with most financial planning, you need a plan! You need to think about who you would want to benefit from your estate. You should talk to your family who may have some thoughts and suggestions.
