Estate Planning & Will Drafting Estate planning starts with making a Will and every adult should make one. Making a Will ensures that the family members you want to benefit from your estate do so. At GK Solicitors we appreciate and understand that each individual's needs are different and we prepare Wills suitable to your particular circumstances.
An existing Will should always be updated to reflect changes within the Family structure, such as the birth of a new child, marriage or divorce or if there are significant financial changes that need to be addressed.
We offer expert legal advice on Will preparation thereby ensuring your loved ones are looked after. We offer advice on how to create a tax efficient Will.
At present the threshold for lnheritance tax is £325,000 (2018-19) and a combined maximum for couples and civil partners is £650,000.
There is also an additional nil-rate band to consider when a residence is passed on death to a direct descendant.
£125,000 in 2018 50 2019 £150,000 in 2019 to 2020 £175,000 in 2020 to 2021 We also offer complimentary Will registration service with Certainty the National Will Register.
