Will and succession planning is no fun for anybody, but it is a vital piece of financial planning that simply cannot be ignored whether your net worth is $5,000 or $5 million.
Dying intestate (without a will) will not only mean that you do not control to whom the assets are distributed, but can also add tremendous costs to the estate and significant time delays for your personal representatives. This can be magnified for individuals who may be married to foreign nationals and who have assets in different jurisdictions, and where both parties reside outside their respective home countries. There will likely be legal issues in each location, so careful planning is needed.
Whilst we cannot guarantee that drafting a UK will and testament will provide the ‘whole’ answer, it will go a long way to ensuring your wishes are followed. Our specialist will writer is a member of the Chartered Institute of Legal Executives (CILex Law school) in the UK.
Please contact us for more details.