DARLINGTON HARDCASTLES SOLICITORS
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01923 774 272
If you do not make a will you cannot ensure that when you die your estate will go to the people who you would wish to inherit, such as your family or close friends, and charities.
Our experienced team of wills lawyers will guide you. They may be able to suggest ways in which inheritance tax might be reduced, depending upon your circumstances. Part of our job is to provoke thought and provide you with options to consider.
SHOULD I MAKE A WILL NOW OR CAN I LEAVE IT FOR A WHILE?
Many people think that if you die without having made a will the family will automatically inherit your assets. The law does provide some limited protection in this respect but it cannot cope with many individual circumstances. To ensure that the people you choose will inherit, it is essential that you make a will specifying who will be your beneficiaries.
HOW OFTEN SHOULD I REVIEW MY WILL?
If you went into matters thoroughly when you made your will, and if your property and circumstances have not changed to any great extent, we suggest every 5 to 10 years. However, under any of the following circumstances, we suggest that you review your will:
any major taxation change
buying or selling your home
starting a new business
making any substantial change in your business
getting married or entering a civil partnership
separating or divorcing
the death of a close family member
any other substantial change in your circumstances
CAN WE HELP YOU REDUCE OR SAVE INHERITANCE TAX?
In the recent past we have advised clients following the death of a family member and our advice has resulted in the saving or reclaiming of tens of thousands of pounds of Inheritance Tax.
In one case this was effected by a deed of family arrangement.
In another case the saving came because we advised the setting up of a disabled person's trust.
Everybody’s circumstances are different. We will consider with you what’s right for you.
CHALLENGES TO WILLS
In one recent case we acted for clients and successfully resisted a legal challenge to a will so that the persons who the deceased had intended to benefit were able to receive their legacies.
In another recent case a wife had left most of her substantial estate to various charities, and had made no provision for her husband. We challenged her will and were able to arrange for substantial financial provision to be made for her surviving husband He was able to live more comfortably than would otherwise have been the case.
It is vital that you seek advice from solicitors who have the right blend of experience, knowledge and sympathy, which is what we offer at Darlington Hardcastles.
For a free chat and estimate of fees involved, please call one of our expert team on 01923 774272