Monday 19th September 2022

What's it all about?

This article's designed to help you:

  • Understand the importance of making a will.
  • Avoid the pitfalls and common mistakes when leaving your money & property to others.
  • Clear up the tax situation when making a will so only the right amount goes to HMRC.

We all want to leave a little something behind us for our loved ones, family friends or (providing they behave themselves) our children. The trouble is, it's all too easy to leave those closest to us a lot more than just our money and possessions. If you don't make a properly written will, you could be setting them up with serious headaches and missed opportunities too. With a little forethought and a basic understanding of the inheritance rules, though, you can decide exactly what to pass on when you pass on. Here's a simple guide to wills and Inheritance Tax.