Wills & Estate Planning
Wills & Estate Planning SOLICITORS IN READING & HENLEY
If you don’t have a Will you could leave loved ones in uncertain or complicated circumstances when it comes to administering your affairs. Having a valid Will gives peace of mind to you and those close to you and will ensure that your wishes will be accurately reflected.
Your Will is therefore a key document that will specify who benefits from the assets of your estate. At THP Solicitors we have many years’ experience of creating such documents, advising on complex family situations and intricate financial arrangements.
What should be in my Will?
We will guide you through the Will writing process when you appoint us, but it can be a good idea to think about some of the areas your Will may cover in advance, for example:
- Your executor – who would you like to be responsible for winding up your affairs and distributing your estate in line with the terms of your Will.
- Funeral wishes – whether you would like to be buried or cremated, what music you would like to be played at your funeral etc
- Legal guardians – if you have children under the age of 18, who should step in as their legal guardian in the event both parents die.
- Establish what is in your estate – think about what makes up your estate such as property, money, pensions, insurance policies, large items like cars and personal possessions
- Name your beneficiaries – decide who you would like to benefit from your estate. This may have inheritance tax implications.
We can assist you with drafting a valid Will that accurately reflects your wishes, can advise on executors, beneficiaries and help you manage and pass on your wealth in the most tax efficient manner. A full estate planning exercise can be carried to enable clients to plan effectively for now and for the future using legitimate tax mitigation strategies to pass on wealth and minimise or eliminate the effects of tax. Where appropriate we can also work with existing or other financial advisors and accountants to ensure that everything is ‘joined up’ and clients have the best and most efficient estate plan possible.
Updating your Will
If you already have a Will in place, it is recommended that it ought to be viewed every 3-5 years to check that your and your family’s personal circumstances have not changed and that it is up to date and still valid. If you do wish to amend your Will, a codicil (a legal document which makes an alteration to an existing Will) is often all that is needed but that has to be drafted, signed and witnessed in the right way to be valid and our team can advise on this.
How we can help
Our focus is on quality work, where we take the time to understand your requirements and priorities, and we produce bespoke documents ideally suited to your circumstances. We consider all situations and circumstances with an objective eye, pointing out pitfalls and concerns that you may not have considered. Contact us today for a quote on drafting your Will.
Solicitor- Wills, Trusts & Estates (Lower Earley, Reading)
Solicitor & Notary Public – Wills, Trusts & Estates (Henley-on-Thames)
We can assist you with drafting a valid Will that accurately reflects your wishes, can advise on executors, beneficiaries and help you manage and pass on your wealth in the most tax efficient manner
ARRANGE A FREE, NO-OBLIGATION DISCUSSION WITH OUR LEGAL EXPERTS TO DISCOVER HOW WE CAN HELP YOU
OUR OFFICES
HEAD OFFICE, LOWER EARLEY, READING
9 Chalfont Court
Lower Earley, Reading
Berkshire RG6 5SY
HENLEY-ON-THAMES, BELL STREET OFFICE
64 Bell Street
Henley-on-Thames
Oxfordshire RG9 2BN
HENLEY-ON-THAMES, DUKE STREET OFFICE
2 Duke Street
Henley-on-Thames
Oxfordshire RG9 1UP