As much as we may not want to think of our mortality it is important to understand that without taking the precaution of making your wishes known in a properly drafted will, you could leave your loved ones without financial provision.
Without a will, your estate, including any money and personal possessions, will be divided according to the rules of intestacy. In the wose case scenario, and depending on your family circumstances, your entire estate could pass to the Government. If you have made a will but have not reviewed and updated it to reflect changes in circumstances or family structures, or the ever changing tax structures, you could find that loved ones are omitted as beneficiaries, contrary to your wishes.
Our Private Client team will be happy to assist you with all aspects of your life-time planning, guiding you through the intricacies of inheritance tax and wealth management issues, ensuring that you provide the best settlement for your loved ones, protecting your assets in the process and pre-empting unnecessary and unwanted disputes which can occur in distressing circumstances or during the grieving process.
There are also myriad scenarios where individuals can be left without anticipated financial provision upon the death of a loved one. There are circumstances where assumptions can be incorrectly made that an individual will be "taken care of" by named beneficiaries: perhaps carers who have spent years looking after the deceased who made their intentions known to the carer but the facts were omitted from the will; there are instances where living arrangements go hand in hand with a job, divorce, couples living together in an informal arrangement or even negligent will writing These are just a few examples where individuals can find themselves excluded as beneficiaries, contrary to either the testator's intentions or the expectations of the individual. In the right circumstances, challenges can be made and our private client litigators can guide you through the correct course of action.
Our specialist team, which has proven success in such cases, can quickly get to the heart of the matter, offering practical advice and guidance as to the best way forward.