If you die without a Will (‘intestate’), the law decides who benefits from your Estate.
Making a Will lets you decide and formalise what happens to your money, property and possessions after your death. In addition, a Will can assist in ensuring your estate does not pay more Inheritance Tax than you need to.
Your Will should include details such as:
Planning and preparing a Will may seem to be a daunting process and at CTC Wills we will talk you through each step and explain the implications for you and your loved ones.
In some situations, typically where there is a property or very young or vulnerable children, a Trust may be required to adequately protect their interests after your passing. Again, we will talk through the various options available to you so that you can make an informed decision.