Wills, Trusts and Inheritance Tax
If you haven’t made a Will, the law dictates how your possessions are divided up. If you are married or in a civil partnership, your spouse or partner may not inherit everything you own, and if you are single with no close family, all that you have could pass to the State. By making a Will you can decide for yourself what will happen to your estate, and show you care by avoiding unnecessary worry and complications for those you leave behind.
Amongst other things, we can help you with the following:
- You can choose Executors who will carry out the instructions in the Will. If the Will or your family circumstances are complicated Windeatts would be very happy to act as Executors for you, and pride ourselves on providing an expert and sympathetic service.
- If you have young children it is important to consider the appointment of guardians. You should also consider creating a trust and appointing Trustees to look after your estate until your children are old enough to inherit.
- A carefully drafted Will could also substantially save or avoid Inheritance Tax. While taking advice regarding your Will, or as a separate service we can review your estate and provide guidance on how best to arrange your affairs to reduce any tax liabilities on your death.
- Your Will can make legacies to family, friends or charities of your choice.
- If you wish, you can also give directions about your funeral, and whether you wish to be buried or cremated.
- We can store your Will with our free strongroom service.
- We can advise the Trustees of any ongoing trusts created by your Will or act as Trustees ourselves if you wish.
Windeatts also provide advice regarding the creation of trusts outside your Will. You might also find it helpful to carry out a financial review, and if so we shall be pleased to arrange a meeting with an Independent Financial Adviser either at this office or at your home at a time to suit you. Any such meeting would be free and entirely without obligation on your part.
Contact Chris Kendall.