Making a Will is the only way that you can ensure that your estate will pass to your intended recipients on your death.  Contrary to popular belief, if there is no Will, spouses do not necessarily receive everything automatically.  

Trustees can be appointed in the Will to protect funds for a selected beneficiary, by investing money for such a person and applying money or property for his or her maintenance, education or other benefit.  This may be relevant for a beneficiary who is a child, an irresponsible adult or a disabled or elderly person.  We would usually include relevant powers for the trustees to enable them to advance money to such a person if they think that it is appropriate in the circumstances.

There are also tax considerations which need to be considered.  A Will can be structured to save a significant amount of inheritance tax, not only on the death of the person making the Will, but also on the death of a beneficiary of the Will.

Our clients have differing needs, each of which require specialist advice to meet the circumstances.  For example, our clients have:-

  • Sraight-forward or complex family situations;
  • Privately owned and managed businesses;
  • Agricultural and farming interests;
  • Property in the UK or throughout the World

The Wills team at Paris Smith LLP will be pleased to discuss your requirements to ensure that your estate passes to your intended recipients and to help you to achieve your other objectives, which may be one or more of the following:-

  • to appoint guardians for your children,
  • to deal with complex family situations where there may be a possible dispute or the need to protect individuals,
  • to make appropriate provision for your spouse or other person with whom you live,
  • where you have children from a previous marriage or relationship, to make appropriate provision for those children and ensure that the children’s entitlement does not pass to the family of your current spouse or partner,
  • to include gifts to your chosen charity or charities and
  • to facilitate the continuation of your business after your death