You will most certainly want to have a say about what happens to any dependents in your care such as young children or even your much loved pet. Or perhaps it’s important to you to leave a part of your estate to a charity or an individual outside of the direct family unit. You can specify all these wishes in your Will. And with the right professional advice and planning, it may be possible to reduce the amount of Inheritance Tax payable or even avoid it altogether.
Depending upon your circumstances it may be suitable to create a Trust following your death. Such a Trust might be useful to protect assets against care fees or provide for a vulnerable beneficiary.
Getting the best advice
We would recommend you seek advice from a specialist Solicitor, be wary of Will writing firms.
Many Will writing services are unregulated, and may be unable to provide you with the correct professional advice. They may also offer little, or no protection should something go wrong. Look out for certifications from the Solicitors Regulation Authority and The Law Society.
So don’t put it off any longer. Let HRJ Foreman Laws Solicitors in Welwyn Garden City help you plan your Will or Trust today.