Wills & Trusts

A properly constructed Will, and a regular review of existing Will arrangements, is a vital part of your Financial Plan.

Without a Will

• You cannot be sure those you would wish to benefit will actually do so
• Your spouse/civil partner will not automatically inherit ALL of your estate
• “Common Law” partners may not receive anything
• Minor Children could be taken into care whilst Guardians are appointed
• There could be lengthy delays for your beneficiaries and disputes.

With only a basic Will in place, the wealth you have created in life can be under threat from a number of areas such as:

• Long Term Care Costs.
• Bloodline planning – if you leave assets absolutely to your children, then these assets can be attacked in the future if the children divorce, separate or go bankrupt.
• Marriage After Death – On first death all the assets become solely owned by the surviving spouse. What if the surviving spouse remarries? Inherited estate could be lost to the new spouse disinheriting your children.

With careful Estate Planning and the strategic use of Trusts, the family home and savings can be protected. It is also possible to ensure that any inheritance received by your children and chosen beneficiaries benefits from this same protection.

Wills & Trusts are referred to a third party. Neither Pure Mortgage & Financial Planning LLP nor Primis are responsible for the service received. These services are not regulated by the Financial Conduct Authority and may have limited consumer protection.