Private Client
Why make a Will?
Many people are aware that a Will is important; but most people do not have one and do not appreciate why it is as important
Many people are aware that a Will is important; but most people do not have one and do not appreciate why it is as important
While you do not need a solicitor to draw up your Will, your choice of professional is important. Leaving a Will which does not accurately reflect your wishes, or which is drafted in a way which gives rise to unnecessary tax liabilities for your estate, sadly risks causing distress to your loved ones.
We all want the best for our children; health, happiness, a good education and financial security. But what other steps should you be taking now to protect their future, particularly when you are no longer around to do so?
For many people, owning a holiday home is a major aspiration. Having a place to enjoy for leisure and recreation purposes has definite appeal, and demand for UK holiday homes has significantly increased over the last 18 months, in light of the COVID-19 pandemic. However, owning one may have Inheritance Tax (IHT) and Capital Gains Tax (CGT) implications which should be considered.
If a dog is a man’s best friend then making sure that they (or any other pet) are provided for if something happens to you will be a priority for all animal lovers.
Leaving money to a charity in a Will is a great way to leave a lasting legacy for a cause particularly close to your heart, and reduce the Inheritance Tax your estate will be subject to on your death at the same time.
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Thank you for contacting TWM Solicitors, your completed form has been sent successfully. If this is an enquiry we are able to assist with, one of our team will be in contact with you as soon as possible. Please note, this may not be until the next working day, and during business hours. If you require urgent assistance, please call: 0330 555 0440.