It was recently reported that there are real dangers in using DIY wills when attempting to plan for a time when we are no longer around. Unfortunately this is not an understatement, as the consequences of using a pre-packed Will that is not properly drafted are quite real and can have a significant impact. The loss of a love one can be a very emotional time for family members, and their having to grapple with a Will that may not provide for your final wishes as they understood them will only add to their stress....
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Losing a loved one is always difficult, however, sometimes there can be disputes if one person is satisfied at how an estate is divided, or if they have been left out of a will all together when they believe they should have been included....
Inheritance Tax is a necessity, with part of your inheritance going back to the state. Whilst it is important to pay into the pot, it is also vital to ensure that your family is left with a proper inheritance, therefore we look at some of the ways that more of your estate goes to your heirs and not the taxman....
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