Will-Trust-Inner

Standard Wills


These cover all the basic requirements including:


  • They appoint Executors to administer your estate.

  • They appoint Guardians for any dependent children you have.

  • They provide for any special gifts you wish to make.

  • They allow you to specify your funeral wishes.

  • They specify who is to inherit your estate in general but;

  • What they don’t do is make any provision for protecting your estate for the future.


Reasons to update your Will

Re - Marriage Wills


These will protect your property for your children in circumstances where their parents remarry after divorce or bereavement.


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Care Fee Wills


These can prevent the total value of your house being assessed for care fees.


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Flexible Family Trusts


These ensure that your family estate won’t be lost unnecessarily due to possible future changes e.g. care fees, survivor's remarriage and more.


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Heirloom Wills


These are for single people. Their prime benefit is to ensure that once Inheritance Tax has been paid, all your assets can pass to your grandchildren.


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Business Trusts And Wills


These are for owners of a business that would have a value after death and whose personal assets exceed the Inheritance Tax threshold or would do once the business value has been taken into account.


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Family Probate Preservation Plus Trust

 

These ensure that no probate fees will be payable on your death as long as certain criteria are met.


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Death In Service/Life Insurance Trust


These keep any death benefits and/or life insurance payments out of the survivor’s estate for Inheritance Tax purposes.


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