We can provide our Professional Service for Wills, Lasting Power of Attorney and Estate Administration without setting foot in your home!. We are now taking instructions over the phone and via video consultation. We provide the same level of advice and guidance without setting foot in your home. Of course if a home visit is better for you then we are happy to do so, in line with the Governments Guidelines.
For people wanting to make Wills we offer the same level of service and guidance, prior to completing draft Wills for their inspection and approval, as we would in normal circumstances. It is vital that you make a Will if you want your wishes to be met when you pass away. It is equally important that the people you choose to act as your executors, trustees and guardians can complete the work needed in order to put your Will into effect.
For people wanting to make Wills we offer the same level of service and guidance, prior to completing draft Wills for their inspection and approval, as we would in normal circumstances. It is vital that you make a Will if you want your wishes to be met when you pass away. It is equally important that the people you choose to act as your executors, trustees and guardians can complete the work needed in order to put your Will into effect.
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About
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Set up by trained will writer Nicola Richardson, Richardson's Wills offers a professional, personal and affordable will writing services from within the comfort of your own home. Our main office is based in Nailsea, and we are happy to travel to clients who live in any area within North Somerset or Bristol.
A Correctly-Prepared Will
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Preparing a will is a task that everyone should undertake at some point in their life - in fact, the sooner the better. After all, it's the only document that can speak for you and convey your wishes once you're gone. If you're thinking of setting up or amending your will, the questions below are a useful way to get you started on this important process.
Lasting Power of Attorney
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While writing a will is a preparation for the inevitable, a Lasting Power of Attorney provides a more general safety net for you and your loved ones. In situations where you're no longer capable of making your own decisions due to loss of mental or physical capacity, a Lasting Power of Attorney entrusts your affairs with the person who is best placed to make important choices on your behalf.
Planning for Inheritance Tax
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If the value of your estate is over 325,000 when you pass away, you will be required to pay inheritance tax amounting to 40% of any money over the tax threshold. If you are a married person then this allowance can pass in full to the spouse on first death effectively doubling it. If you a person with children then you may also be eligible for the new residential nil rate band.
Setting up Trusts
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If you want to reduce your liability for inheritance tax and ensure the people you want to inherit your estate receive the things they're entitled to, setting up a trust is a shrewd decision. For many people, their home is their biggest asset and the one they most want to protect.
Including a Flexible Life Interest Trust in your will can help to protect valuable assets such as property, protecting your home until it can be passed on to the rightful heir.This type of trust is an attractive option for those who need flexibility - it offers protection to the survivor you shared your home with, as well as to your children and your beneficiaries.
Including a Flexible Life Interest Trust in your will can help to protect valuable assets such as property, protecting your home until it can be passed on to the rightful heir.This type of trust is an attractive option for those who need flexibility - it offers protection to the survivor you shared your home with, as well as to your children and your beneficiaries.
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