Will Writing
Having a will is an important first step in your inheritance tax planning.
A will is a legal document that sets out your wishes regarding distribution of your assets, as well as the care of your children after your death. It is estimated that more than half of British adults have not made a will and you are likely to be among them. One of the most important things to consider when writing a will is who is going to inherit your estate.
What is a Will?
In your will, you can set out:
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who will benefit from your estate
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who will look after your minor children (or even your pets)
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who will handle your estate and carry out your wishes (the executor)
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which charity will benefit from your estate
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your funeral wishes
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Your will would often include an inventory list of the assets you want to distribute, for example:
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properties, such as your house, investment properties or land
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stock market investments, such as shares, bonds and funds
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your savings, valuable objects, such as jewellery
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sentimental items, such as books, clothing, ornaments
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When someone dies without any planning or without a will, the rules of intestacy will decide how the estate will be shared out, which means decisions about your estate will be in the hands of judges. Without a will, you have no control over what happens to your estate.
Why Choose P&Co
We prepare wills in full compliance with the laws of England and Wales, ensuring your wishes are legally protected. Our unique advantage is the ability to explain the process in your own language, through experts who share your cultural background. This means you can make informed decisions with complete clarity and confidence.
Your Success Is Our Success
Our ethos is simple. Using our expertise, network, and presence to help you succeed will in turn bring success to P&Co. We go beyond accounting, acting as true partners in your business. This approach ensures you receive not only excellent technical work but also added value that exceeds expectations.
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#YourSuccessIsOurSuccess