Wills

One thing in life is certain – we are all going to die

Sad but true and it would be wrong if we didn’t ensure our relatives were looked after when we do. So why do so many people fail to make a will? This can cause problems for your loved ones exactly at the time when they really need to know they are financially secure.

What does a will do?

A Will is a legal document which details how you would like your assets and other matters handled when you die. If you die without having made a will, the law decides who inherits your estate. Is this what you really want?

As an example most married couples believe that if they die without having made a will all of their assets will pass directly to their surviving spouse. In most cases this does not happen and this can lead to unnecessary inheritance tax liabilities.

What’s a will?

Typically a will deals with;

• Who you would like to administer your affairs
• How you would like your funeral to be arranged
• Who you want to be a guardian for your children if they are under 18
• Gifts of money or possessions to individual people
• Who will benefit from the remainder of your assets and when and how they will receive them.
• Minimizing your estates liability to inheritance tax.

It’s not difficult or expensive

It is neither difficult nor expensive to prepare a will. It is usually a straight forward matter and brings you peace of mind of knowing your finances are in order whatever happens in the future.

It is important

Your will can save your family and friends a great deal of trouble and money. If you ignore inheritance tax issues you may well find that the government receives a much higher amount of your assets than anyone else.

Lasting Power Of Attorney

A Lasting Power Of Attorney is a legal document that enables your chosen representatives to manage your finances and affairs if you were to suffer significant physical or mental incapacity to make decisions for yourself. This could make life much less stressful for your family as well as protecting your interests. There are two different types of Lasting Power Of Attorney:

A Property & Affairs Lasting Power Of Attorney allows your chosen representatives to make decisions regarding all your financial affairs.

A Personal Welfare Lasting Power Of Attorney allows your chosen representatives to make decisions regarding your personal welfare, including taking decisions regarding medical treatment and living arrangements. These decisions can only be made if you should ever be in the position where you lack the physical or mental capacity to make the decisions for yourself.

TRUSTS

Estate Preservation Property Trust

We all like to think that when we die our loved ones will inherit all our assets from us, this may not always be the case, there are circumstances that can erode our estate such as:

If our spouse or partner needs long term care after our death, our capital may be used or our assets may be sold to pay for the costs.

Inheritance Tax may be payable on our assets upon death reducing the inheritance left for our family.

Our advisers can set up an Estate Preservation Property Trust for you to overcome these problems and ensure that your loved ones inherit your assets as you wish.

Wills & Estate Planning Prices

Single Will - £ 85.00
Joint Will - £150.00

Lasting Power of Attorney – Property & Affairs - £195.00 per person
Lasting Power of Attorney – Personal Welfare - £195.00 per person

The fee currently charged by the Office of Public Guardian to register each LPA is £150 per person and is not included in the above prices.

Estate Preservation Property Trust - £300
Double Will with Estate Preservation Property Trust - £350 (saving £100 + VAT)

All prices quoted are subject to VAT.

Call us now and arrange to see an advisor and we can give you all of the information and peace of mind you need.

Contact Us

Tel:- 0800-9530041

Email:- info@britanniacrest.co.uk