Case Studies

If you are married do not assume your spouse will get everything. Brothers and sisters or parents may have a claim. Often your children have a right to part of your estate.

If you are living as a couple but not married you may be treated as a single person and your partner may get nothing at all.

Second marriage? Protect your children.

If you are a parent, you should consider who would look after your children in the event of your death. This is particularly important in the case of one-parent families or unmarried parents living together. A valid Will nominating guardians is invaluable. The Court may decide on the future of your children and it may not be what you would have wished.

If you are retired maybe you made your Will some time ago. It may need updating to include additional grandchildren or deletion of persons you no longer feel you wish to leave anything to.

Every year approximately 40,000 people lose their homes to pay for care fees. The risk of the family home being eventually sold to pay for care fees has now become as great a threat as inheritance tax for many people. Why should your family lose their inheritance?

If your estate is likely to be more than £300,000, the taxman could currently take 40% of everything you pass on over that limit. The good news is there are ways you can legally mitigate your Inheritance Tax liability.

Prevent family heirlooms passing outside of your family.

You may wish to prevent a certain relative from receiving some of your estate. You can only do this through a Will.

The right type of Will and Trust can help best ensure that your estate ends up where you want it – with your loved ones.