Everyone should have a Will. Every year the Treasury receives millions of pounds from people who have died without having made a Will. A Will gives the peace of mind knowing that when you die your property and finances will be passed to those whom you wish to benefit.
If you die without a Will - intestate - you would have no say in where your money and property goes. If you are married it does not necessarily mean that your spouse will receive all of your estate. If you are not married but living with somebody your partner might get nothing.
Our team of professional staff at Close Thornton will be able
to advise and guide you through making a Will. In addition, we are able to offer
the following services:
• Safe and secure storage for Wills
• Will review every three years
• Home visits
• Preparation of Living Wills (advance Directives)
• Enduring Powers of Attorney
• Advice for the elderly
• Advice on living together
• Executorship and Trustee Services
Changing your Will
You may need to review your Will from time to time. Your circumstances may change
or you may wish to change beneficiaries and increase or reduce a gift. You will
need to change your Will should any of the following occur:
• Family changes
• A birth in the family
• A death in the family
• A minor becomes an adult
• Marriage
• Divorce or Separation
• Domicile abroad
• Changes in financial or taxation circumstances
• A relative loosing mental/physical capacity
Probate
Probate is a legal certification of a Will authorising executors to handle the
affairs of the deceased. Debts have to be settled and what is left distributed
to those entitled or invested for infant or incapable beneficiaries. We are
able to help with the following:
• Funeral arrangements
• Contact Financial Institutions, Insurance Companies, government departments
and creditors
• Inheritance Tax, Income Tax and Capital Gains Tax
• Value and sell property and shares
• Clear debts
• Obtain probate
Executors
You can name almost anybody to be your Executor. It makes sense to appoint someone
on whom you can rely and who will be competent and impartial. You might like
to consider appointing Close Thornton. We know what to do and when it has to
be done.
Avoiding death duties
There are ways to minimise or even avoid inheritance tax. This is a complicated
area where you need professional advice. At Close Thornton we have specialists
in tax matters who will be pleased to assist.
What should I do now?
If you have not yet made a Will, you should do so now. If you have, you may
need to review it. Telephone us on 01325 376908 or email us at the addresses
below to arrange an appointment. If you live locally and are disabled, or travel
is a problem, we can arrange to visit you at home. If you would like an estimate
you can also use our on-line estimate form.
Contact
David
Hogg - Email - Click Here for profile
LinkedIn
Profile
Iain
Robson - Email - Click Here for profile
LinkedIn
Profile
CONVEYANCING
FAMILY LAW
WILLS AND PROBATE
