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 Our Private Client team at Pothecary Witham Weld has a wealth of experience taking care of both individual's and family's private financial and will related testamentary matters. We offer sympathetic and constructive assistance on many matters and aim to find out your concerns and tailor our advice accordingly.
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If you do not make a will the law decides what happens to your estate and this may not be what you expect or intend. You may also fail to take advantage of possible tax planning opportunities and your estate could incur more tax as a result. Where there's a will... ...YOU are in control which means that in the event of death the future of your family is in your hands. YOU name your Executors, the people who deal with all the paperwork and procedures. YOU decide who should inherit your estate. YOU can arrange special bequests to specific people. YOU can appoint a guardian if you leave any young children. YOU can set up trusts for your children. YOU can arrange your affairs to ensure that tax liabilities are minimised. YOU can decide what type of funeral you want. Where there isn't... ...the Law is in control and what it says might not be a reflection of your wishes. For instance, did you know that:
• If you are married, your husband or wife does not automatically inherit the whole of your estate.
• If you and your partner live together but aren't married the Law favours relatives over a non-married partner.
• Step-children are not entitled to inherit.
• Friends and charities do not benefit. There may be additional Inheritance Tax to pay. |
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When you have worked hard to create a home and gather savings, pensions and other valuables it is important that these assets are used in the manner you choose after your death, with as little as possible going to the tax man. Our Private Client team at Pothecary Witham Weld has a wealth of experience taking care of both individual's and family's private financial and will related testamentary matters. We offer sympathetic and constructive assistance on many matters and aim to find out your concerns and tailor our advice accordingly. By acquiring an in-depth knowledge of your individual situation, we can advise on a wide range of legal and financial matters in order to protect and advance your personal, business and family interests. We can handle one-off problems or undertake on-going administration of personal and family matters. We can advise on lifetime estate planning (Income, Capital Gains and Inheritance taxes), preparation of accounts and dealings with HM Revenue & Customs. |
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Private Client
