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Steps to think about

It is often the case that over the course of our relationship, we are one of a small number of people who have a real appreciation and in-depth understanding of the financial and tax affairs of our clients. This makes us well-placed and well-suited to offer a seamless service to support executors. We are licenced to provide probate services by the ICAEW.

Why Use Us?

  • We charge on time basis or fixed fee with no percentage charge.
  • Our fully qualified professionals are regulated by the ICAEW.
  • We are experts in tax planning, and can advise on how to minimise estate liability.
  • An alternative to a bank or a solicitor.
  • Use specialist will writers to ensure we include all your wishes.

Steps to think about

Steps to think about

If this is the first time you have made a will, there are a few important things you should think about before taking this important and responsible step.

You may find it useful to refer to our Will Instruction Form. This form lists the information we will need from you in order to assist you in drawing up your will.

Many people find it difficult when thinking about who they would like to inherit their estate and what arrangements they might want to make for their children and dependants after their death. It does however; provide them with a good opportunity to discuss their plans with their family, as having a conversation at this stage and informing the family of your intentions can prevent conflict or disagreement arising in the future.

Who do you want to leave things to?

Your assets include everything you own such as property, investments, life insurance policies, cash cars, antiques and personal possessions.

You will need to consider who you would like to inherit the assets held in your estate on your death. This could include former partners or spouses as well as current ones, and children from previous and current relationships.

If you have children under the age of 18, you will need to consider appointing guardians who could look after them in the event of them being orphaned. (You should always seek the guardians’ agreement before appointing them.) We can advise you on how to set up a trust to make financial provision for your children in these circumstances.

You may also need to think about the needs of anyone who you provide for financially, such as elderly or infirm relatives. Leaving something in your will can also a fitting way to remember your friends or make gifts to favoured charities. Gifts to charities are generally exempt from inheritance tax and, if large enough, can reduce the inheritance tax on the rest of your estate.

Inheritance Tax Planning and Estate Planning

Once we have discussed with you how you plan to leave your assets, we can advise you on the potential liability your estate will have to Inheritance Tax. If your estate is likely to exceed the threshold at which the tax becomes payable, we will be able to advise you on ways in which the liability can be reduced.

Reviewing your will

We recommend that you regularly review the provisions in your will every few years or immediately after significant life events. This can be particularly important if your family or financial circumstances change. If you do need to alter the terms of your will, we can advise you on the best way to effect those changes.

Key Contact

Key Contact

Jamie Morrison

Partner - Head of Private Client

T +44 (0)20 7874 7983

E Jamie Morrison

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