Wills and Inheritance Tax (IHT) Advice
Wills
Perhaps understandably, many of you may be put off making a will - but the sooner it is done, the sooner you can be sure that your family and those that you love will benefit or be properly protected, your assets and liabilities (sometimes referred to as your estate) will be handled as you wish and the Inheritance Tax (IHT) payable on your estate will be kept to a minimum.
If you die without a Will you will have died in what is legally known as 'intestate' which means that it is possible (if you have no surviving relatives or they cannot be traced), the whole of your estate may go to the government.
Inheritance Tax
IHT no longer affects only the wealthy. Under current law no IHT is payable on death if the whole estate passes to your spouse. Therefore, any IHT planning is for the benefit of the next generation or other heirs. For most couples, what is of paramount importance is that the survivor is properly provided for. Many believe that they must leave all their assets to each other and IHT will have to be paid by their family. With proper IHT planning you can save your beneficiaries a significant amount of IHT without depriving the survivor of being able to live comfortably.
If you would like to see us about making a Will, please download the following:
Once you have downloaded these documents then contact us to make an appointment. It would be helpful if you could complete the Will Information Form and bring it with you to our meeting, along with your ID.
Our costs are competitive and we will discuss these with you in more detail when we meet you. In some cases we can offer fixed fees. We also have an association with some charities through which you can obtain a will service free of charge.
For further information contact an office near you.
Swanage - 01929 423301Wareham - 01929 552141