At The Wills and Estate Planning Professionals, we make Will writing and estate planning clear and straightforward — done properly, so your loved ones are never left guessing.
Thoughtful Will and estate planning designed around your circumstances, your family and your wishes.
Clear, practical planning for you, your family and your future.
Every family and every set of circumstances is different. The right Will or estate planning arrangement can help you decide what happens to your assets, who should deal with your affairs and how the people you care about should be provided for.
We offer a range of Will and estate planning options, from a straightforward Standard Will through to more tailored arrangements involving Trusts and Lasting Powers of Attorney.
We will explain the options available to you in clear language and help you understand which arrangements may be appropriate for your individual circumstances.
Sometimes leaving an asset directly to someone may not be the most appropriate arrangement. A Trust can provide greater control over how and when assets are used or passed on to beneficiaries.
A Will Trust is created within your Will and comes into effect after your death. It can be used to hold particular assets, such as a share of your home, savings or certain insurance proceeds, for the benefit of your chosen beneficiaries.
Rather than assets passing directly to a beneficiary, the Trust can provide a framework for those assets to be managed and distributed in accordance with the terms of the Trust.
A Pilot Trust is established during your lifetime, usually with a small initial amount, and can be structured to receive assets in the future.
Depending on your circumstances, a Pilot Trust may form part of wider estate planning arrangements, including planning involving life insurance or pension benefits.
From 6 April 2027, most unused pension funds and pension death benefits are expected to be brought within the estate for Inheritance Tax purposes. The impact of these changes will depend on individual circumstances.
If you have a larger pension fund or are considering how pension or life insurance benefits should form part of your estate planning, it may be appropriate to review your arrangements.
Trust planning can have significant legal and tax consequences. We can help you consider whether a Trust is appropriate, which type of Trust may suit your circumstances and how the relevant arrangements should be put in place.
We can explain the options available and help you understand what may be appropriate for your circumstances.