Introduction

We believe that drawing up a will is essential for anyone with financial assets and those with children.

Two key issues:

Firstly, many people are not sure what they need to include in a will.

Secondly, people need to be helped professionally and patiently through the process, and to feel the Estate Planner really understands their individual situation.

Three misconceptions:

  1. Many people relate writing a will to the topic of death
  2. People are not sure what needs to be included and this results in putting it off!
  3. Many people assume that their estate will just go to their family – (not necessarily).

Three solutions:

  1. Writing a will is about living life, with the assurance that everything you have worked hard for, and the people you love most, are taken care of.
  2. We can help with the detail and provide help and guidance with the decision making process.
  3. The perils of ‘intestacy ‘ – to die without a will, means that your estate would be distributed in accordance with the state rules of intestacy. (See Flow Chart ).

The term married, for the purposes of the flow chart, includes ‘civil partnerships’.
• Note that this is merely a simplification of the law and not a definitive guide.
• Inheritance for children under the age of 18 is held in trust until their 18th birthday, or until their marriage
if this is earlier.
• Half siblings will only benefit where there are none of the whole blood (or their children) remaining

Foot note B

(This is a diagram giving a guide to the flow of an estate it is not a point of law)

Our Service also includes advice regarding:

With 12 year’s experience in Will Writing and Estate Planning, we believe that we can help ensure that your ‘Right to Choose’ is fulfilled by making sure

“The right assets go to the right people at the right time”.

When beneficiaries benefit,

How they benefit,

Consideration to the most tax efficient way for you to give, and for the beneficiary to receive a legacy. For Example:

Disabled Person’s Trust –  A Trust in a will to protect a beneficiary who may be disabled or vulnerable.

Interest in Possession Trust – A Trust to ensure that a partner has the right to remain in a property , but that your chosen beneficiaries inherit at a given time,  (This avoids assets being lost through second marriages, or a surviving partner changing their will).

Discretionary Trust –  A Trust set up to ensure that money or property is placed in the trust of reliable people (trustees), to provide tax efficiency and flexibility of access for the beneficiaries.

If you would like to ask any questions or request further information please call us on 02392 006 212 or 07711 788403, or alternatively complete the contact form below. We are happy to help.

Get a Consultation

If you are thinking about wills, lasting powers of attorney, inheritance tax planning, or general financial support, we offer advice and guidance.

Our vision is to support you with good advice to enable you to make the right choices in planning and managing your estate.  Please use the contact form and Sandra will get in touch with you to answer any questions you may have.

Consult Me!

Get In Touch!

To begin the process and protect your estate for the future.

Located conveniently for Portsmouth, Havant, Chichester, Fareham, Petersfield and the surrounding areas, contact us to find out more about our services and arrange an appointment.

Address

Cavell Associates Ltd, Langstone Technology Park, Langstone Rd, Havant, P09 1SA

Business Hours

Mon – Fri …… 9 am –5 pm

Phone

02392 006212
07711 788 403

Email

sandra@cavellassociates.co.uk