Nobody likes to think about their will or planning their estate, but it’s one of the most important things that you will ever do for your family and friends. With proper preparation and planning for the future now, you can ensure that when you die, your estate is administered according to your wishes and that your loved ones are provided for in the way that you want them to be.
Our estate planning solicitors can assist you with putting a succession plan in place that makes the transition easy not only for you but also for your family and friends.
If you don’t leave a valid Will, your estate will be subject to the law of intestacy, which will determine who inherits your property and assets. Ultimately, this may not be what you desire, especially if you are co-habiting, have children or you have assets overseas.
Estate planning goes beyond drafting a will – it includes:
- The assessment of assets
- The assessment of likely taxation
- Advice regarding the possibility of claims against the estate by third parties
- The protection of assets
Estate planning is an active process of re-evaluating the estate when circumstances in life change, such as:
- Newly married couples or those divorcing
- A change to the family’s asset pool
- A change in working conditions such as the buying or selling of a business
- Changes to superannuation, insurance policies or taxation levels
- The establishment of discretionary trusts
A successful plan is made involving all family members as it will take into account not only provisions for your retirement income but also the plans, aptitudes and existing assets of younger generations.
We offer a Single Simple Will for £175+VAT or Two mirror Wills (where two adults make a simple Will each that reflects the other’s Will) for £295 + VAT.
More complex Wills are priced by personalised estimate on application.
Speak to John Thorpe on 01323 407555 or contact us to find out more or to arrange a consultation with one of our experienced estate planning lawyers across East Sussex in Eastbourne, Brighton, Uckfield or at our London office in Notting Hill.