Those of us involved in Will writing recognise the social responsibilities and genuine satisfaction we have in the knowledge we are doing something worthwhile. More importantly, so do our clients. WillScript was established more than 25 years ago to provide a friendly and 'plain English' will and Lasting Powers of Attorney drafting service to people who want to seek a less formal relationship than that offered by other organisations.
Whether you want to make a simple Last Will & Testament providing gifts and legacies for your beneficiaries, or a more complicated will document to include trusts to protect your home and/or other heirlooms for the benefit of your surviving children, WillScript can help! You have even more flexibility when you make your Will with WillScript.
Whether you want to make a simple Last Will & Testament providing gifts and legacies for your beneficiaries, or a more complicated will document to include trusts to protect your home and/or other heirlooms for the benefit of your surviving children, WillScript can help! You have even more flexibility when you make your Will with WillScript.
Services
Change your home ownership from joint tenants (100% each) to tenancy in common (50% each) to enable you to gift your share of the property to your chosen beneficiaries in your will. LPA Personal Affairs document or LPA Personal Welfare document completing all the necessary forms for registration. Lays down exactly what should happen to the business and its shares if one of the partners wishes to 'opt' out, retire or dies.
Most people prefer not to contemplate the day that they really need a Will so they avoid the decision to have one prepared. If you own your own home with a partner to whom you are not married, making a Will is very important. Without a Will your partner could be left homeless and with no claim on your estate.
So what is Inheritance tax? It would be impossible for me to cover all aspects of IHT here but I hope to provide you with a brief understanding of the basics of the important issues you may wish to consider when writing or updating your will.
Inheritance tax (IHT) or death duty as it used to be known, is due on the value of your estate (everything you personally own (whether in your own name or jointly with another at the time of your death) if it amounts to more than the tax free (zero rated) slice (NRB).Everything over the NRB of J325,000 is taxed at the rate of 40%.
Inheritance tax (IHT) or death duty as it used to be known, is due on the value of your estate (everything you personally own (whether in your own name or jointly with another at the time of your death) if it amounts to more than the tax free (zero rated) slice (NRB).Everything over the NRB of J325,000 is taxed at the rate of 40%.
For most people, their greatest investment in life is their home, something they cherish until the day they can pass it on to their loved ones. But how can you protect your share of your home to ensure that your loved ones do in fact benefit from your lifetime investment? How can you stop your spouse's future partner from taking your children's inheritance after you have died?
Now, you have even more flexibility when you make your Will with WillScript. Prices are fully inclusive and are for a standard will. If you require specialist trusts such as property trusts to protect your property for your family (see our Property Trust link), there will be extra fees according to your needs.
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