Making a Will
It’s important to make a Will and keep it up-to-date, to ensure that your money and possessions are allocated according to your wishes. Failure to leave a Will can mean that family and friends have to make difficult decisions on your behalf when they are unsure of your wishes.
Click here, for an overview to how to go about writing a Will and how to ensure it is legal.
Free Will Month
Will Aid is a UK wide scheme which runs every November to offer free wills to people of any age. Will Aid teams up with over 1,000 solicitors to provide basic wills, you can visit their website to find out more here.
Power of Attorney
A Power of Attorney is a legal document whereby one person gives another person/persons the power to act on his or her behalf with regard to his/her health or financial decisions. Have you appointed a Power of Attorney?
Exemption from Inheritance Tax for Fallen Personnel
There is an unlimited exemption from inheritance tax for members of the Armed Forces, and former members, where active service was a contributory factor in their death, whenever it occurred. If you’d like to find out more please see section 154 of the Inheritance Tax Act which is referred to by the MOD and HMRC. To find out more information, please contact the Joint Casualty and Compassionate Centre (JCCC) on 01452 519 951.