Making a will is one of the most important things we can do - after all, it determines how our most personal possessions and hard-earned savings will be shared among close family and friends.
It is often a simple and inexpensive process. But failure to make a will can pose major difficulties for those left behind, for instance, by paying more tax than necessary.
Your estate - money, other assets and possessions - could be distributed according to the law rather than your wishes. It is particularly important to leave instructions in the form of a will if you own property.
It is advisable to consult a solicitor before deciding what to put in your will. A will can cover a range of issues, including:
Wills are often straightforward, but some involve complicated arrangements around financial affairs, such as Inheritance Tax - all the more reason to ensure they are drawn up by a qualified solicitor.
By offering property, legal and financial services together, Aberdein Considine can help you see the opportunities that others cannot. Our experts will work together to make sure that you plan appropriately to reduce the Inheritance Tax liability on your estate, thus leaving more for your beneficiaries.
So, when planning your estate becomes difficult to navigate, let us be your map and compass.
Thank you to Catriona Milne for all her efforts with our recent business. She was professional and made the process easy to understand.
G. Rose, private client
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