OPPORTUNITY
TO SAVE YOUR FAMILY £000s
‘I want my
loved ones to benefit from my hard earned when I die. I‘ve being paying into
the tax pot all my life and I do not want to see it returned to the State when
I die’
By using an appropriate Will and Trust(s) as part of your
Estate Planning you can ensure your loved ones and not the State benefit from
your hard earned savings and property when you die.
A Trust
protects its assets from
·
contributing to long term care costs
·
the actions (e.g. remarriage) and debts of a surviving
partner
·
the house from being the subject of an enforced sale
AND will
·
remove or at least minimise any 40% inheritance tax liability
·
guarantee the
beneficiaries of the Trust, e.g. your children, will receive all the assets
held in the Trust, not the State
Your Executors will be free to find the most
competitive terms for Probate.
Our
practice differs from many solicitors, banks and Will Writing companies who
either take a large deposit fee from you to secure phantom ‘favourable’ probate
terms in the future or write into your Will that your executors must use them
for Probate, at terms they will decide after your death.
Our Probate
fees are typically 1- 1.5%.
This contrasts with market rates of 2% – 8%. Some
solicitors charge an hourly rate, typically between £150 - £300 an hour.