Wills & Probate
Everyone should consider making a Will. People should also review their Wills regularly, particularly if their circumstances change e.g. they get married, have children or get divorced.
The main reason for making a Will is so you can decide who will benefit after your death. If you don’t make a Will the people who you want to leave your estate to, may receive little or nothing at all and others who you do not wish to leave anything to may benefit. Making a Will ensures everything is left in accordance with your wishes.
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You may wish to make a Will to avoid paying Inheritance Tax which may be payable by your estate on assets over £312,000 (as of 6 April 2008). There are simple things that can be done during your lifetime and under your Will to reduce or negate your Inheritance Tax liability.
People may wish to appoint guardians to look after their children if neither parent is alive, or trustees to look after your assets until the children are old enough to take responsibility.
Whatever the situation make TrentSide Legal your first choice.