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Wills and Tax Planning

Wills and trusts

Only a small number of people are able to contemplate dying without a Will and yet be confident that their family and friends will be satisfied with the outcome. Statistically speaking, this means almost everyone browsing our website should have a Will in place. But research shows that most of us have not made Wills – and more still have old Wills that do not represent their current wishes or have been overtaken by changes in the applicable law. If you are a business owner or have a child with a disability, you are particularly likely to need advice to help you make appropriate tax-planning or protective arrangements for your family. These may include setting up trusts or making gifts in your lifetime. All such arrangements must be carefully set up to ensure that you do not trigger unnecessary tax charges. Find out more below.