Wills
Where There's A Will There's A Way!
As well as ensuring that your Inheritance Planning is tax efficient, a Will can ensure that your estate, money, property and possessions, are dispersed according to your wishes.
Consideration of the following should be given when evaluating Wills:
- Married couples will not necessarily inherit the full value of their partners estate, especially if you have children.
- Unmarried couples will rarely inherit from each other unless there is a Will, so the death of one partner may create serious financial problems for the remaining partner.
- Parents, with children under the age of 18, should also consider what arrangements they want to make if either one or both of them die. Who would you want as the Guardian (to look after your children) and Trustee (to look after your children's finances).
It is vital that your Will reflects your wishes both now and in the future.
* Tax information given is based on the 2011/2012 tax year, and may be subject to change in the future. Please note, normally the passing of assets between spouses does not have a liability to inheritance tax.
