None of us likes to think about dying, but equally few of us could live with the thought that we have not made adequate provision for family and friends who survive us. Government statistics show that 60% of adults die without leaving a will.
The legislation that governs passing on your estate to your chosen beneficiaries requires you to plan well in advance. Since none of us knows when we shall die, this means making the necessary provisions now.
The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries. Nothing is more demoralising than the thought that a substantial slice of the wealth you have worked hard to accumulate will end up in the Government’s coffers!
It is equally important when planning to transfer your estate that you make adequate provision for yourself and your spouse in your later years. Striking this balance calls for considerable skill and foresight and a detailed knowledge of the tax regime.
Goddards Accountants can act as the executors of your will, thereby taking all the unpleasant aspects of estate management, liquidation and distribution away from the grieving relatives and into professional hands.
In addition, we have Goddards Deputies Ltd to offer deputyships for infirm and elderly people. Please visit http://www.goddardsdeputies.org.uk
To discuss our Executorships and Probate services, either email us or call 020 8941 2187.