The Benefits of Having a Will

The future well-being of your family or other chosen beneficiaries may depend on your having a suitable will. Using our specialist knowledge of property, trusts and tax law, Denison Till can prepare the right will for you, giving you peace of mind.  Get a Will quotation now.

A will offers you the opportunity to:

• Appoint executors and trustees
• Appoint guardians for your children
• Determine the destination of your estate
• Create trusts
• Incorporate inheritance tax planning

Executors and trustees

Your executors and trustees are the people you choose to administer your estate on your death. Only one person may be needed.  However if there is a trust in your will, you may need more than one executor and trustee. An executor and trustee can also be a beneficiary.

Advice is given on suitable appointments and Denison Till offer an executor and trustee service if you wished to appoint the firm as professional executors and trustees.

Guardians

Guardians can be appointed for your children in the event of both parents dying while they are minors. Your appointed guardians would make decisions about the upbringing of your children. Your children may also live with the guardians.

Legacies

Legacies can be made of money, personal possessions or other assets to chosen beneficiaries including charities.

Your estate

Your Will establishes who will benefit from your estate, anticipating a number of future scenarios.  You may want to incorporate specific trusts in your Will.

Inheritance Tax planning

Your estate may be subject to inheritance tax.  We can advise on the liability and possible ways of mitigating it.