WILL WRITERS IN ST NEWLYNAffairs in Order LtdCompany: Affairs in Order Ltd Address: ´The Sidings´, Shepherds, St Newlyn, East Cornwall, TR8 5NW Category: St Newlyn Will Writers Telephone: 01872 540272 E-mail: info.affairsinorder@tiscali.co.uk Contact: Robert Bird ASWW. MIPW
Even if your affairs are complex making a Will does not have to be a worrying experience. We can guide you through the complexities and help you achieve piece of mind. Making a legally valid Will and updating it regularly is the only way to ensure that your wishes will be known and that your family will be safeguarded. By having a Will you can appoint Executors of your choice, nominate guardians to your children, protect your business interests and choose who you want to benefit from your estate. It will also allow you to underpin your financial arrangements. Each year over 40,000 people have to sell their homes to pay for long term care; their families are disinherited. A correctly written Will can safeguard their share in your property.We adjust the ownership of the house to a Tenancy-in-common so that husband and wife own one-half each. Then each Will gives the deceased“s half of the house to a trust which permits lifetime occupation by the survivor. This limits the assessable value to half of the house, less the minimum threshold. For Example, in the case of a house worth £200,000, the effect (in round figures) would be:
This perfectly legal and acceptable procedure saves the eventual beneficiaries £100,000 and carries none of the risks associated with other schemes. |