Ten reasons to make a will
In order to ensure that your assets pass to the people you wish to benefit, you need to make a will. Many people are under the impression that assets automatically pass to a spouse, but this is not necessarily the case.
Business clients make Wills through Morgan Cole for a number of reasons:-
1. to save 40% tax on their estates;
2. to protect their business;
3. to provide for a financially dependent parent, an unmarried partner or stepchildren;
4. to nominate a guardian for minor children;
5. to protect their estate against the possible effects of a surviving spouse remarrying;
6. to make an unequal division of the estate;
7. to benefit non-family, e.g. godchildren, friends, charities;
8. to protect children from the risks associated with inheriting large amounts of capital too soon;
9. because of recent news items, operations, holidays and bereavement and finally
10. because statistics show that those who make Wills live longer than those who don’t!
Making a Will with a solicitor need not be complicated or expensive.
Please contact James Greig for more information on james.greig@morgan-cole.com or 01865 262620.
