| Knutsford Estate Planning Options and Benefits |
Basic wills only |
Wills trusts and LPA’s |
Lifetime trust, wills and LPA’s |
| Avoid the cost / delay of intestacy |
Yes |
Yes |
Yes |
| Appoint executors of your choice |
Yes |
Yes |
Yes |
| Appoint guardians of your choice |
Yes |
Yes |
Yes |
| Ensure your wishes are respected |
No |
Yes |
Yes |
| Avoid sideways disinheritance |
No |
Yes |
Yes |
| Delays children’s inheritance |
Yes |
Yes |
No |
| Avoid the cost of probate |
No |
No |
Yes |
| Avoid Probate delays min 6 months |
No |
No |
Yes |
| Avoid inheritance tax in children’s estates |
No |
No |
Yes |
| Avoid family wealth being diluted if a child divorces |
No |
No |
Yes |
| Avoid wealth dilution in the event of a beneficiary’s financial hardship |
No |
No |
Yes |
| Protect family wealth for up to 125 years |
No |
No |
Yes |
| Allow you to nominate trusted persons |
No |
Yes |
Yes |
| Avoid costs & delay of a deputyship order |
No |
Yes |
Yes |
| Avoid loss of control of a deputyship order |
No |
Yes |
Yes |
| May mitigate social care fees after first death* |
No |
Partial |
Yes |
