One of the cornerstones of future planning is having a Will that accurately reflects your personal wishes. A properly drafted Will can have numerous benefits, it can lower Inheritance Tax, it can head off family disputes and it can provide for dependants, yet it is estimated that over 60% of the UK population do not have a valid Will.
‘Given the importance of a Will, we’ve sought the views of an expert in this field, Antony Caulfield, and created a 28 minute podcast which covers the following areas’
To listen to the Podcast click the arrow below, or you can download and save the interview with Anthony here.
00:50 – Antony Caulfield background and experience
01:45 – Why do we all need a Will?
02:45 – What happens if you die without a Will (Intestacy)?
06:32 – How to avoid family disputes post death
08:55 – Why a Trust might be beneficial within a Will
12:15 – Second Marriage planning
13:50 – Planning around unstable marriages and business failure
16:46 – Ensuring equality within the family when gifting
18:30 – The necessary documentation when gifting
20:31 – The pitfalls of DIY Wills
22:32 – Residence Nil Rate Band planning
25:02 – Choosing your Executors carefully
As a supplement to Anthony’s podcast an Introductory Guide to Wills can be found here.
If you have any questions for Antony please contact us. You can get in touch with us by sending a message or calling us on 01825 76 33 66