Wills and succession planning
A well drafted will ensures that your property passes to those beneficiaries you wish to benefit. If you do not make a valid will then the intestacy rules will decide who inherits your property and administers your estate, which may not reflect your wishes.
Without a will you are also unable to appoint guardians for your children or leave gifts to friends and charities.
As well as providing peace of mind, a will enables efficient tax planning during your lifetime. We can advise you on ways to mitigate inheritance tax and ensure that your assets are protected for future generations. This may include outright gifts or gifts to trusts, and a review of the various exemptions and reliefs from inheritance tax that are available.
If you already have a will, then it is important that it is reviewed regularly to take account of changes in the law and in your personal circumstances.