Will Solicitors North Wales, Will Lawyers North Wales, Wills, UK
When you make a will you are dealing with all your
worldly goods. In view of the time and effort most
people put into acquiring these goods it seems only
sensible to have a say in how they are disposed
of on your death.
If you do not make a will the Law of Intestacy
will direct how your estate is dealt with. Frankly,
these rules may not be to your liking or that of
those you leave behind. Under these rules all persons
in the same relationship to you (eg Nephews &
Nieces) are dealt with in an identical fashion.
A Thoughtful Process
Making a Will is a task which requires considerable
thought and care, coupled with the need for a lawyer’s
expertise in drafting. Not only does a will set
out your wishes as to the disposal of your estate
it can also act as a very effective tax saving device
at the same time. For example, for those couples
with estates, jointly, in excess of £600,000.00
(Tax year 2007/08) an appropriately drafted will
could save £120,000.00 in Inheritance Tax.
For those with dependants, especially children,
other considerations apply – namely Guardianship.
In the event of death, consideration must be given
on how assets should be used for their maintenance.
Here it is important to consider whether death benefits,
whether from life assurance plans or pension schemes,
are not only tax efficient within the estate, but
also meet the family’s wishes for the future.
• Don’t let the state decide what happens
to your assets
• Provide for dependants, as YOU wish
• Leave specific gifts to loved ones
• Protect family Assets for future generations
• Save on tax and fees by planning ahead
Click on one of our Specialists below for more
information:
Richard Chamberlain
Solicitor & Director
Sarah Noton
Solicitor & Director
Dilwyn
Jones
Legal Executive
Judy Lewis
Associate Solicitor
Lynette Viney-Passig
Associate Solicitor
Llyr Williams
Assistant Solicitor
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