Why should I make a Will?
Only by making a Will can you be sure that upon your death your chosen wishes about your estate (that is your money, property and other assets) are carried out. Carefully planned, a will can help save emotional distress to those that are left behind as well as, most importantly, insuring that your assets go to support those that you feel best deserve them.
On the other hand, if you do not have a Will, your estate will be divided according to the rules of intestacy – that is the rules set by Parliament and, if you do not have a family, the State will get everything.
A properly drawn-up Will can, amongst other things, assure that:
How much will it cost?
A very basic Will is probably not as expensive as you might think. It would make great sense to telephone us on 0800 111 4996 with a brief outline of what you require and then we can advise you on the cost of drafting a very personal and very important document.
Why might I wish to create a trust?
You do not need to be wealthy to benefit from the creation of a trust. Whatever your means, a trust involves assigning assets to trustees. Those trustees then administer those assets in accordance with the terms of the Trust that you will have helped define.
Trusts can help with estate planning and the minimising of any inheritance tax burden. In many instances, trusts are much simpler to set up than people imagine, making them a cost effective option in your estate planning.
If you are living with a partner and already have children from a previous marriage, you may want to allow your partner to stay in the home you bought together yet leave your financial interest in that home to your children on the subsequent death of your partner. This can easily be achieved done by way of a carefully defined trust.
As always, please feel free to call us to discuss your personal needs on 0800 111 4996.
What is probate?
Probate is the Administration of the estate (assets and liabilities) of someone who has died.
Unless the estate is very small, a Grant of Probate/Letters of Administration are required. We can assist at this difficult time by helping you receive the Grant or for complete peace of mind, deal with the complete administration of the estate.
Please contact us direct on 0800 111 4996 if you require assistance. We pride ourselves on offering a competitively priced service and if appropriate for you we would look at the benefits of a fixed fee. The simple and most cost-effective approach is to make sure that you are choosing the best payment method for your circumstances.