It’s all too easy to postpone dealing with Wills and Inheritance issues but the truth is that if you leave it too late, your family may be the ones who suffer. If you die without making a Will then the Law will dictate how your Estate is to be distribute – which may not be in accordance with your wishes or your family’s needs. In addition careful planning can often reduce Inheritance tax liabilities.
It is all so much clearer and easier for family and friends if there is a Will which clearly sets out your wishes. Even if you feel you don’t have valuable assets to leave, a Will is necessary for a range of reasons, such as: ensuring your assets pass to those you choose, appointing someone to deal with your affairs upon your death; making gifts of personal belongings such as jewellery; disposing of property or debts; paying inheritance taxes.
When someone dies their estate has to be administered in a way that gives effect to their wishes. This can be a difficult process particularly when you have just lost a loved one and we can help with the administration in a sympathetic and cost effective manner.
Whatever your financial or personal situation is, Babingtons can offer the advice you need on Inheritance Tax and Residential Care cost planning and to assist you in making an effective and valid Will. We cover:
- Enduring Powers of Attorney
- Advice on Inheritance Tax planning
- Advice & Planning
- Drafting and advising on your will
So you don’t have a will because:
- I just never got round to it
- I don’t need one
- It’s too expensive
- It’s tempting fate!
- I don’t have anything to leave
The truth is that there is no good excuse for failing to make a will. So take the first step now and contact our experts as follows: