There are lots of people in the UK who have not made a Will – many because they think their spouse/partner will automatically inherit their estate.
This is not always the case. Making a Will is a relatively inexpensive way to do all you can to ensure your wishes are carried out on your death.
Nowadays many people have second families and it is essential in such circumstances that you have a professionally drawn up Will so that you look after everyone and reduce the possibility of any claims on your estate on your death.
Inheritance Tax is also something very much on people’s minds. A single person has a threshold of £325,000 and anything above is subject to tax at 40%.
For couples with an estate of more than £650,000 the tax will be an issue. At Ranson Houghton we will give you guidance and practical advice on all matters relating to your Will and Inheritance tax.
We offer a friendly and personal service. At the initial meeting we will discuss the various options with you, so you can make a decision about what is right for you and your family taking into account your own personal and financial circumstances.