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Ross Coates Solicitors are happy to serve clients nationally and throughout East Anglia, and in the following locations:
Solicitors for Aldeburgh, Solicitors for Attleborough, Solicitors for Aylsham, Solicitors for Baldock, Solicitors for Burwell, Solicitors for Bury St Edmunds, Solicitors for Cambridge, Solicitors for Cromer, Solicitors for Diss, Solicitors for Downham Market, Solicitors for Ely, Solicitors for Eye, Solicitors for Fakenham, Solicitors for Framlingham, Solicitors for Great Yarmouth, Solicitors for Halesworth, Solicitors for Harleston, Solicitors for Holt, Solicitors for Ipswich, Solicitors for King's Lynn, Solicitors for Lowestoft, Solicitors for Mildenhall, Solicitors for Newmarket, Solicitors for North Walsham, Solicitors for Norwich, Solicitors for Royston, Solicitors for Saxmundham, Solicitors for Sheringham, Solicitors for Thetford, Solicitors for Tiptree, Solicitors for Wells, Solicitors for Wisbech, Solicitors for Woodbridge, Solicitors for Wymondham
(Solicitors for Ipswich, Suffolk and East Anglia)
When writing a Will you get to decide who does what, who gets what and who does not. Without a Will, your estate will be distributed in accordance with statutory rules which might mean that somebody you don't want to inherit, could.
For example, your spouse (contrary to popular belief) would not receive your entire estate and your unmarried partner could end up with nothing. The future of your loved ones is too important to leave to chance. If you have not made a will, you should do so as soon as possible. If you have already made a Will, you should review it regularly and particularly at the following milestones of your life:
Wills and Trusts can be used in tax planning and wealth preservation. When making a Will tax planning should always be taken into account. We can advise on gifts and other tax planning opportunities (including Trusts), to include transferring assets from one generation to another in a structured way.
For example you may wish to place assets, which you no longer require, into a trust thereby reducing your wealth. You may also wish to place assets in trust to protect them from a spendthrift beneficiary or to ensure that a beneficiary does not inherit too much wealth too young in life.
For more information about Wills, Trusts and Tax Planning please contact our Private Client Department today.
Ross Coates Solicitors in Suffolk can also assist with Lasting powers of attorney and Probate. Please contact us for further information.