Vanmark

Wills

Wills

Financial Advice guidelines highlight a current legal Will as the most important foundation of anyone’s financially planning. A financial plan like any other structure has to be built on a solid base to make it become a reality, having an up to date Will ensures your life plans, achievements and possessions can be available to the important people you care about.
A Vanmark legal professional helping with a will

Why should you have a will?

The Financial Conduct Authority have long placed a Legal Will as the most important foundation to any financial planning. A financial plan like any other structure has to be built on a solid base to become a reality and yet so many of us leave this all to chance by not thoroughly exploring the importance of a current legal Will and the protection and planning opportunities it can provide.

A father on a beach holding his wife and children, thinking he needs a will.

What if I don’t have a Will?

If you die without a will your estate must be shared out according to the rules of intestacy at this point it is not possible to choose anyone to benefit from your property or make any arrangements for tax mitigation or provision of any gifts. How your property will be shared will be decided by someone else.

A man thinking he should have a will

How easy is it to put a will in place?

In common with most important things preparing a legal Will does require some thought and time, however this shouldn’t be a barrier to progress, taking advice and guidance from an expert will allow you to arrive at a position where your wishes are accurately reflected, you beneficiaries are treated fairly, and your estate is distributed in a tax efficient manner.

A will is the only legal way to specify what you want to happen after your death. If there is no Will, the rules of intestacy apply.

Speak to our professionals to ensure your wishes are carried out and your loved ones are looked after when you pass. Contact us now for a free initial consultation.

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