Most of us care a great deal about how our estate will be distributed when we die, but fail to be proactive when it comes to making and maintaining a Will.
While few of us relish the thought of our own mortality, there are also many common, yet serious, misapprehensions about Scotland’s law on succession – a complex area of law that is currently going through a period of reform aimed at modernisation.
Taken together, all of these factors can mean that our final wishes will not be carried out as we intended. A professionally drafted, up-to-date Will is, therefore, the only means of ensuring that the assets we have acquired and maintained throughout our lifetimes retain as much of their value as possible and pass on to those we care most about.
An effective Will needs to be clear and concise, avoiding potential ambiguities, and it must also ensure that your assets are distributed as you intended, with minimum administration and without paying more tax than is necessary. It also needs to be revised, so that it is aligned with any changes in your circumstances, as well as changes made to the law.
Our expert private client team provides a service that encompasses all of this and more, delivering practical, financially sound, professional advice and guidance that is tailored to your circumstances. We will explain how to structure your assets in the most tax-efficient way, and be pro-active in reviewing the provisions of your Will, so that it takes account of changes in your life and any revisions to Scottish succession law. We will also strive to understand fully your wishes and needs, while identifying matters that may have been overlooked. Our aim is to give you peace of mind and prevent avoidable problems occurring in the future.
Specialist Wills Solicitors, Edinburgh
Our personal, attentive service coupled with sage, astute and commercially-minded guidance allows us to build long-term, ongoing relationships with our clients, helping them to protect assets throughout generations. We clearly outline the implications from initial contact, helping to dispel the mystery behind the law and legal process. Our highly personal service reflects our culture, which is centred on integrity and trust, and the expert guidance we provide has been designed to be an investment, not an expense. For more information, please contact us today.
View our asset protection team here.