Trust and Tax Implications of Your Will 1

Advance Decisions and Advance Statements

Often known as ‘living wills’, Advance Decisions and Advance Statements allow you to set out your wishes for any life-sustaining medical treatment you may receive in the future.

Appointing a Guardian for Young Children

When you write a Will, in addition to recording your wishes for your estate in the event of your death, you will also be able to appoint a legal guardian your children.

Appointing Executors and Trustees

It’s important to carefully consider who to appoint as an executor or trustee in your Will, as the people you choose will have to carry out vital legal responsibilities.

Appointing Professional Executors and Trustees

There are a number of ways in which appointing a professional to administer your estate or trust can be helpful.

Digital Assets: What Are They and What Happens to Them on Death?

Digital assets can make up a significant part of a person’s estate, but they are often not fully understood. This help guide explains what digital assets are, and what happens to them after someone dies.

EU Succession Regulation

If you have a connection with any EU member states that have signed up to the EU Succession Regulation, this may affect what happens to your estate when you die.

Excluding Someone From Your Will: Can They Still Claim From Your Estate?

Under the IPFDA 1975, certain people are able to bring a claim in court against the estate of a person who has died.

Looking After Your Pets in Your Will: What Are the Options?

You often hear stories of cats or dogs inheriting fortunes but, in England and Wales, at least, it is impossible to leave money to your pet.

Making a Will

Making a Will lets you decide what happens to your money, property, and possessions after your death.

Powers of Attorney: Are Attorneys Entitled to See the Donor’s Will?

Wills are confidential documents that are usually only made public after someone’s death. However, if you have been named as an Attorney on someone’s behalf, you might believe it is necessary for you to see that person’s Will.

Statutory Wills: What Are They and When Might You Need to Make One?

A Statutory Will is a Will made by the Court of Protection on behalf of someone who is unable to make one themselves because they lack the required mental capacity.

The STEP Provisions in Your Will

STEP Provisions give the executors of your Will several technical and routine provisions and powers to help them administer your estate correctly.

Trust and Tax Implications of Your Will

Inheritance tax is a tax payable on your assets after your death. Any provisions you make in your Will may have implications on the tax liability of your estate.

Trust and Tax Implications of Your Will 2

Get the legal advice you need

Dealing with legal issues can be confusing and stressful. If you’re not sure exactly how we can help you, or if you want to get specialist advice right away, please don’t hesitate to pick up the phone and get in touch.

Scroll to Top