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If your affairs are complicated or the extent of your assets may take you above the Inheritance Tax threshold we will be able to advise as required. Some comparatively uncomplicated plans made at an early stage can often ensure not only that your wishes are carried out but that substantial amounts of tax are saved.
Our experience with wills and tax planning extends to the creation and administration of trusts. These can be created either in a will or prior to death. Special rules apply to trusts created for charities and disabled beneficiaries. Again, the creation of a trust can often lead to substantial tax savings for those you wish to provide for. In this area of specialist work we often work with client’s accountants and other professional advisors. Our lawyers also have access to our own tax experts.
Very often the temptation is either to make a ‘home made will’ or to consult will writing companies with no formal legal qualifications. Experience tells us that this is often a route to having either an imperfect document which will not achieve the desired result or to incurring substantially more fees than are indicated in advertisements in local press. The sensible way forward is to ask a qualified lawyer to deal with the matter for you. Before you do anything why not have an informal no obligation discussion with Bridge McFarland. The relevant people to contact within the firm can also assist with Powers of Attorney and the Administration of Estates are listed below.
E: wills@bmcf.co.uk
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