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The services we provide are tailored to client's individual needs. The commitment is to offer all our clients the highest quality of advice to help them achieve their financial goals.
An effective estate planning strategy in place is important when wanting to pass on your wealth to the people you care about.
It is important when planning to transfer your estate that you make enough provision for your later years. By carefully structuring your financial affairs we can look at ways to help minimise your tax liability.
You may want to pass your wealth directly to family members or wish to reduce the effect of inheritance tax on your estate and consider the use of family trusts or charitable foundations.
A simple Will is an important legal document which allows you to leave gifts of money or specific items, whilst distributing the remainder of your estate to as many beneficiaries as you wish.
It will also allow you to appoint guardians for your children, make provisions for your pets, and specify your funeral wishes.
To be considered legally valid, a simple will must meet strict, yet straightforward, criteria. It must be written by an adult of sound mind, state a clear intent to serve as a last will and testament, and be signed and dated.
Mirror Wills are two nearly identical documents for couples with matching wishes. Typically, when the first partner dies, everything goes to the survivor for financial security. Once the second partner passes, the combined estate goes to shared beneficiaries, like children.However, these documents are not contractually binding, meaning either partner can change their will at any time. The surviving partner inherits full ownership of the assets and can later rewrite their will. This creates a risk of potentially disinheriting children if the survivor remarries.
An LPA is a must-have legal document that allows you to appoint trusted people (Attorneys) to manage your affairs if you lose mental capacity. Without one, your family faces an expensive, stressful court process to gain control of your care or finances.There are two distinct types of LPA:
Property & Financial Affairs: Manages bank accounts, bills, and property sale. It can be used immediately with your permission.
Health & Welfare: Decides on medical treatment, care homes, and daily routines. It only activates if you lose capacity.
A Trust's main value can be to keep your estate out of probate after your death.
A trust remains an agreement between an owner of assets and the chosen trustees. The trustees legally own the assets of the trust, but are not allowed to benefit themselves (unless named as beneficiaries).
Trust planning can provide significant tax planning opportunities, as well as protect your beneficiaries from a range of future risks to their finances.
Includes:
✓ Home visits available
✓ Expert Will check by NLWWF
✓ Professionally drafted and bound Will tailored to your personal circumstances
✓ Optional secure Will storage (£25 per person)
✓ FREE registration of your document onto the National Will Register (usual cost £30) for all stored Wills
Includes:
✓ Home visits available
✓ Expert Wills check by NLWWF
✓ Professionally drafted and bound Mirror Wills tailored to your personal circumstances
✓ Optional secure Wills storage (£25 per person)
✓ FREE registration of your documents onto the National Will Register (usual cost £30 per Will) for all stored Wills
✓ Allows your Attorneys to pay bills, manage bank accounts, sell your home, etc.
✓ Allows your Attorneys to make decisions concerning your diet and daily routine, medical treatment needs, moving into a care home, etc.
Please note: a separate registration fee of £92 per LPA is payable direct to the Office of the Public Guardian (exemptions and remissions may apply – please ask for details).