Marshall Wills and Trusts

Wills

Wills

A will tells everyone what should happen to your estate after you die. If you don’t leave a will, the law decides how your estate is passed on. 
You can also use your will to tell people about any other wishes you have, like instructions for your burial or cremation.

 

Trusts

Trusts

A trust is a way of managing assets (money, investments, land or buildings) for people.Trusts are set up for a number of reasons, such as:

  • to control and protect family assets
  • when someone’s too young to handle their affairs
  • when someone cannot handle their affairs because they’re incapacitated

Is your situation more complicated than other people?

Someone who you know is responsible, and the kids like visiting. Do they live nearby or at the other end of the country? Moving house and school may be a burden at a very traumatic time. Can they afford to bring up your children? If not, do you have sufficient life insurance written into a suitable trust to provide the right funds to the required people at the right time? Perhaps your child is a dependant adult with disabilities. Have you factored this into your arrangements?

Who would you appoint to make sure that your wishes are carried out?

More than one person, perhaps a professional?
Maybe a trusted friend or relative/s. Are they up to it? Do they know what it entails and are they young enough to be likely to survive you?

Is the value of your property going to help pay for your care home costs?

If you are married and own your property jointly, have you taken the precaution of changing the way that you and your spouse own your home? If your will doesn’t factor this in correctly with an appropriate trust, and you haven’t changed the ownership from joint tenants to tenants-in-common, don’t be shocked when the value of the home is used to pay for any care home fees that may become due in the future.
Care

Care

Most of us work very hard over the years to buy our own homes and build up our savings for our retirement and would like to leave a “little something” for our children and grandchildren after we are gone.

Powers of Attorney

Powers of Attorney

If you become unable to make decisions for yourself in the future, someone will need to make decisions for you. Who does this will depend on the situation.

 

Business Succession

Business Succession

You have built up a sound business to benefit you and your family and naturally, you would want to ensure that your loved ones are provided for in the event of your death. So what if the worst should happen and either you, or a business partner were to die?

Contact us now

Send us a message or contact us for a free consultation

Marshall Wills and Trusts

Union House, 7  Union Street

Andover, Hampshire, SP10 1PA

United Kingdom

+44 1264 338 020