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Useful Information

Jargon Buster

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Making A Will


Why should you make a Will?
There are many different reasons for writing a will, most of which revolve around one central issue - making sure that you have already provided for your family's needs if and when you die. If you write a will, it means that you have some control over how your money and possessions (your 'estate') will be distributed. You can make provision for those people who are particularly special to you.

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Inheritance Tax Planning
Wills are also useful tools when it comes to avoiding Inheritance Tax (IHT) or at very least reducing it. This has the effect of ensuring that your money goes to whom you want it to go to and NOT the tax man. Effective planning for Inheritance Tax, and its legitimate avoidance, is now more vital than at any time in the past. Making a Will is very possibly the most effective means of dealing with this potential liability

Take time to make a Will
A legal last Will and testament allows you to appoint someone (an 'Executor') to sort out your estate when you die. More importantly it also enables you to say who will look after your children (their 'guardian') if you and your partner should both die. You can even make provisions for your own funeral arrangements in your Will.

Why now?
Most people don't have a Will. Some people think it’s too complicated. Some people think it’s expensive (it isn't). Others put it off until its too late. Remember, probate gets granted more quickly if you have a will. If you don't want to make the same mistake, don't delay any longer.

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Mortgage Arrangers, Equity House, 225 Hatherley Road, Cheltenham Gloucestershire GL51 6HF

Telephone: 01452 741459

E-mail: Mortgage Arrangers

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