Making a will is a fundamental part of any financial or estate planning. By making a will it is possible to ensure that an estate passes in accordance with wishes upon a person’s death rather than the rules of intestacy which would apply if they were to die without making a will.
A carefully drafted will can also achieve the following:
- Protect and preserve assets for the benefit of a spouse, children and future generations, often through the use of trusts
- Provide for a spouse from a second or further marriage but protect assets for the benefit of children from an earlier marriage
- Maximise inheritance tax reliefs which may be available on the value of a business or agricultural property
In producing wills we take time to discuss family background, details of assets, aims and how best to achieve them. This ensures that a will is prepared in accordance with specific needs.
The majority of wills that are prepared are charged on a fixed fee basis which provides the reassurance of knowing in advance what the cost is.
The STEP will writing code is adhered to. To view the code click here.