Wills

A Will needs to be correctly drafted and regularly reviewed. The importance of this is two-fold.

Firstly, it ensures that assets pass exactly as intended. If there is no Will, then statutory provisions, commonly known as the Intestacy Rules, will apply. This may result in assets being passed to unintended beneficiaries. Conversely, intended beneficiaries may not inherit – unmarried couples are especially vulnerable. Additionally, children would be entitled to inherit at age 18 years, often considered too young by many parents.

The Financial Conduct Authority (FCA) does not regulate taxation & trust advice, Will writing, Powers of Attorney, National Savings Products, deposit accounts, and some aspects of buy to let mortgages.

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.

Will types

Wills

A Will needs to be correctly drafted and regularly reviewed.

The importance of this is two-fold. Firstly, it ensures that assets pass exactly as intended. If there is no Will, then statutory provisions, commonly known as the Intestacy Rules, will apply. This may result in assets being passed to unintended beneficiaries.

Conversely, intended beneficiaries may not inherit – unmarried couples are especially vulnerable. Additionally, children would be entitled to inherit at age 18 years, often considered too young by many parents.

Estate Planning

Estate Planning is often associated with Inheritance Tax mitigation

Whilst tax considerations are important, Estate Planning goes beyond this and is intended to preserve, protect and pass on assets and family wealth in an appropriate manner. This involves assets passing to the correct people at the correct time. Asset protection and control of assets are also important considerations.

Business Succession Planning

Being in business can be extremely rewarding

but it’s estimated that over 90% of SMEs are operating without having fundamental legal documentation in place. And by doing so they could be risking everything they’ve achieved and storing up potentially huge future issues.

Our specialist Consultants can help you to protect your business interests and ensure that their value can be passed on intact.