Making a Will is vital in Inheritance Tax (IHT) planning and it is important to ensure it is well written and planned correctly.
A carefully drafted Will can help your heirs plan for IHT appropriately by making the most of the tax reliefs available and ensuring your assets go where you want them. Failure to make a Will may see your assets divided according to intestacy rules.
Whatever you do, do not assume that a Will drawn up many years ago is still going to hold good - a regular review of its provisions, and relevance to your changing circumstances, is essential. After all, most people would prefer their wealth to be passed on to their families rather than HM Revenue & Customs.
We have access to a number of legal service providers which can arrange Wills on your behalf as part of the service and advice we provide when it comes to protecting you and your estate.
The writing of a Will involves the referral to a service that is separate and
distinct to those offered by St. James's Place. Wills are not regulated by the Financial Conduct Authority.