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Inheritance and tax planning
Planning ahead for when you die allows you to set out clearly who should get what from your estate. Masons Law can help you think through your plans and their financial impact. Our aim is to ensure that your loved ones are cared for when you no longer can.
Planning for life after your death may be difficult. However, it is simply taking care of your family in the future. Your estate will be subject to Inheritance Tax thresholds and other matters. Planning now allows you to consider reliefs and exemptions. Having a Will ensures people know how to share out your estate exactly as you planned for it to be and that this is done in a financially sophisticated way.
Taxes are one certainty in life. And they apply in death too. Tax planning involves thinking about your home, the value of any investments, trusts and the making of gifts to limit any tax implications. At Masons Law, we understand the rules and implications of these decisions. We make a complex area of law and financial planning simple and use plain English to make certain you understand any decisions made.
Arrange an appointment with your local Masons Law branch and begin planning for your family’s future today.
Expert legal advice you can rely on:
- Wills and probate
- Barnardo's Will Scheme
- Contesting a will or inheritance
- Estate administration
- Wills and probate
- Inheritance and tax planning
- Making a will
-
Notarial services for
wills and probate - Power of attorney
- Trusts
Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Contesting a will or inheritance
When someone you love and care about dies, the last thing on your mind is likely to be the financial implications. However these will often become very important. Not least to make sure the wishes are followed of the person who died. And so that you your inheritance does not end up in the wrong hands.
Estate administration
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Inheritance and tax planning
Planning ahead for when you die allows you to set out clearly who should get what from your estate. Masons Law can help you think through your plans and their financial impact. Our aim is to ensure that your loved ones are cared for when you no longer can.
Making a will
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Notarial services for wills and probate
If you’re dealing with wills and probate issues in a foreign country, you may find that you need to present English documentation to foreign authorities. If this is the case, it’s important to ensure your documents will be recognised. It may therefore be necessary to have the documents validated (notarised) by a Notary so that they will be accepted by a particular country’s authorities.
Power of attorney
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Trusts
For many people, trusts are a useful way to assist in tax planning and to preserve assets. There are various types of trusts and they can be created during your lifetime or by your will.