Wills & Inheritance Tax Planning
Making a will is relatively inexpensive and will give you peace of mind to know that your assets will pass in accordance with your wishes. It can also be a very effective means of reducing Inheritance Tax payable on death.
If you do not make a will the intestacy rules will decide how your estate is distributed. This can prejudice your family and means that unmarried partners and friends will receive nothing. In the worst case scenario, your assets could go to the Treasury.
In addition to leaving assets there is also the very important issue of the appointment of guardians for children to consider.
An invalid or badly drawn will can cause as many problems as not having a will at all.
