Will and IHT Planning
Making a Will and Inheritance Tax planning...
"We all prefer to put jobs off till another day, however, there are many reasons for your Will to not be one of them."
Like many people you probably prefer to put off making or amending your Will until another day. Unfortunately, not dealing with the issue professionally can cause hardship for those you care most about. Homemade Wills are often full of ambiguity allowing them to be challenged in Court.
Warning! Please be careful when choosing who to write your Will. Many companies offer “cheap” Wills, but to be cost effective for the companies in question, there is a risk that there may be a “get the job done quickly” attitude, with minimal client contact. The Law is complex and requires specialist attention, and without careful consideration of your circumstances, there is the risk that crucial factors will be missed potentially leading to irrevocable mistakes.
Case study: Could you afford this to happen to you?
Ms. Smith has three adult Children and a Partner. Ms. Smith dies and within her Will bequeaths her 1/2 share of a property that she owns jointly with her Partner to her three Children in equal shares. Unfortunately Ms. Smith’s Will writer failed to consider and deal with the manner in which Ms. Smith and her Partner owned their property. As the property was owned as beneficial Joint Tenants, Ms. Smith’s share passed automatically to her Partner on her death and therefore her Children received no benefit.
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Friendly, efficient and caring staff whether on the phone or at the reception desk... communication from my Solicitor was excellent with thorough and understandable explanations at all stages of my case.
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