| Why make a Will? |
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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:
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