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Wills & Estate Planning
A Will allows you to decide on how to leave your property on death rather than the Intestacy Rules.
The types of simple Wills are:
- Single Wills
- Double (Mirror) Wills
- Wills with Trusts
- Double (mirror) Wills with property protection trusts and severance of tenancy
- Double (mirror) Wills with discretionary trust for minor children and vulnerable/disabled beneficiaries
Why should I make a Will?
There are many reasons why it is important to make a will and also ensure your current Will is up to date:..
A Will is flexible which enables you to make provision for the ones you love
Allows you to make more complex provision for your family, appoint guardians for your children
You decide who benefits from your estate whether it be family, friends or a charity close to your heart
If you are an unmarried couple you can ensure your partner is provided for. Under current Law if you do not have a valid Will in place your partner will not benefit from your estate. This may cause financial strain and distress, especially if you have children to care for
If you are divorced you may want to provide for your former spouse as they may be guardian of your child/ren after your death
You can ensure you do not pay more Inheritance Tax than necessary, or pay no Inheritance Tax at all
What if I decide not to make a Will?
The law of intestacy depicts how your estate is distributed, not you. To find out more regarding intestacy
FREE Review of Your Existing Will
We care... because you do
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Contact our friendly team for professional advice where an appointment will be made with you either in the comfort of your own home or, if you have a busy life, over the telephone.
At our meeting, whether at your home or over the telephone our advice will be tailored to meet your needs; whether you require a simple Will with no Inheritance Tax Planning or a more complex Will to mitigate Inheritance Tax.
For those who have a busy lifestyle why not try our telephone service.
Full advice on Estate Planning will be discussed and instructions taken over the telephone.
Advice on lifetime estate planning is also available – why not speak to a specialist adviser regarding lifetime trusts to mitigate Inheritance Tax or ensure your loved ones inherit a particular asset.
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01673 860822
07584 178130
Cottingham Legal Wills and Probate. Registered Company of England and Wales No. 09825077.
Registered Office: 4 Ryland Road, Dunholme, Lincoln, England, LN2 3NG
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This page contains only general guidance and is not construed as advice for personal or business planning.
Any planning should be based on bespoke advice tailored to your specific circumstances.