Writing a Will can appear a daunting and emotional prospect. However, having a Will is essential in ensuring your loved ones are protected and provided for whatever may happen in the future. Sadly, we often see the effects that dying without a Will has on those left behind.
This is your opportunity to choose who you want to name as your executors, your beneficiaries, the guardians of your children. You can also decide what type of funeral you would like and whether you want any items of sentimental or monetary value to pass to certain people.
After looking after family and friends, please give a thought to your favourite charity when thinking about your Will. You may wish to make a charitable gift.
If you already have a Will in place, we recommend reviewing your Wills every three to five years or whenever your circumstances change, such as purchasing/selling a property, having children, becoming a grandparent, getting married or divorced.
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Whether it’s part of your tax planning or you have a close affinity with certain charities, we can help you leave a gift in your Will or during your lifetime to your chosen charities. We work closely with a number of charities, and actively support Remember A Charity In Your Will. Your Will is personal…
Inheritance Tax Planning
If you are single and your total assets (property, car, savings etc.) are worth more than £325,000 or you are a married couple or civil partners and your combined total assets are worth more that £650,000, you should consider your potential inheritance tax liability and start to put plans in place to reduce your liability.…
Trusts can be created within your lifetime or upon your death (within your Will). When creating a trust, you are passing the control of managing certain assets to your chosen trustees. They will manage these assets on behalf of your chosen beneficiaries. There are strict duties placed upon trustees to ensure that they carry out…
Here at Oakwood Solicitors, we’re not your average law firm – our team delivers a service which caters to you. From assessing your case through to completion, our staff have not only the knowledge and expertise, but also the compassion and understanding to put you at ease throughout the process.