No one likes to think about their own death, but planning for the future ensures that your family and assets are protected.
Without proper planning and legal advice your family could face complicated legal and financial issues, your assets may even be held in probate in order to establish ownership of an estate before the tax is paid and the assets distributed. Eventually your assets could be passed onto others in a way that you had not intended.
The failure to have the correct will in place could also lead to financial losses. All individual assets over the inheritance tax threshold, currently £300,000, are subject to 40% inheritance tax!
The failure to have the correct will in place could also lead to financial losses. All individual assets over the inheritance tax threshold, currently £300,000, are subject to 40% inheritance tax!
Clough & Willis has a team of wills and probate solicitors that is dedicated to meeting the needs of all clients, resolving any of their concerns regarding wills and probate issues successfully and can advise on matters including the following:
- Wills
- Inheritance Tax Wills
- Living Wills
- Enduring Power of Attorney
- Lasting Power of Attorney
- Court of Protection
- Probate and Administration of Estates
For more information on how Clough & Willis can help you plan for your future contact Ellen Fay, ellen.fay@clough-willis.co.uk