Ensures your wishes are followed after death:
- Provides clear instructions on how to distribute your assets
- Specifies any specific bequests to individuals or charities
- Outlines funeral and burial preferences
Prevents disputes among family members:
- Reduces the likelihood of legal battles over inheritance
- Clearly defines beneficiaries and their shares
- Helps maintain family harmony during a difficult time
Allows you to appoint a guardian for your children:
- Ensures your children are cared for by someone you trust
- Provides financial provisions for their upbringing and education
- Offers peace of mind knowing your children’s future is secure
Helps reduce the burden of estate administration for your loved ones:
- Simplifies the probate process by providing a clear roadmapv
- Reduces administrative delays and costs
- Ensures quicker access to funds for your family
Can minimize inheritance tax liabilities:
- Utilizes legal strategies to maximize tax-free allowances
- Allows you to set up trusts for efficient tax planning
- Ensures more of your estate goes to your beneficiaries instead of taxes
Helps protect your business interests:
- Provides instructions for the continuation or sale of your business
- Ensures a smooth transition of business ownership
- Protects the livelihood of employees and partners
Allows for the creation of charitable bequests:
- Offers potential tax benefits to your estate
- Supports causes and organizations you care about
- Can establish a lasting legacy in your name