Posts Tagged ‘Estate Planning’

Protecting your assets with Trusts and effective Estate Planning

Most of the people within the UK (65%), do not have a valid will to enable them to leave their assets to the people they want to, when they die.  This leaves them vulnerable to having their: savings; investments; life insurance; pensions and property passed to bloodline family that they may not even know, or indeed like.

A guide to making a valid will, updating it and what happens if you don’t have one

When it comes to estate planning solutions ensuring that your hard work in life passes to the correct people after you are gone, there are several things you need to do. A will not only ensure that your estate is distributed according to your wishes but can also be used to reduce your liability to inheritance tax (IHT).

This blog covers the basics of estate planning.

Despite the importance of Wilmslow estate planning many people haven’t made a will. A 2015 survey by YouGov found that 62% of British adults do not have a will or any estate planning solutions.Wills and Estate Planning 

Man left penniless after appeal over deathbed Will

A man has been left penniless after taking his sister to court over the deathbed Will of their late mother and losing.  



Gary Watts, 45, claimed his mother Valerie had written his sister, Christine, out of her deathbed Will. He said that was because he had been “diligently attentive” to the ailing pensioner, whereas he claimed his sister had only visited her twice. Gary accused his sister of being a benefits-dependent slacker who was waiting for a payout from their mother’s death to settle her debts.

However, Judge Catherine Newman QC handed Ms Watts victory last year when she ruled her brother had forged their mother’s signature on the deathbed will.  She said he acted out of a “sense of entitlement” to the whole of his late mother’s £200,000 estate. She ruled in favour of a 1999 Will by which Mrs Watts split her estate equally between her two adopted children.

Christine, from Eastbourne, was handed a £100,000 share, and now her brother has failed in an appeal against that decision. To add dramatically to his woes, Mr Watts is now facing lawyers’ bills totaling £342,000 as the price of defeat.  That will cost him the whole of his inheritance from his mother, and his home to boot, he says. Mr Watts said outside court, “It outweighs the whole of my late mother’s estate, never mind just my half.  There will be an excess of more than £100,000 which will make me homeless.  They will take my house and make me homeless.”

He added that, whilst his own barrister represented him for free, to date he owes his sister’s legal team £312,000 for the High Court trial, plus £30,000 for the failed appeal.Gary claimed Judge Newman ought to have disqualified herself from hearing the case due to professional links with his sister’s barrister. The court heard Judge Newman still works as a barrister and, at the time of the trial, was working alongside his sister’s barrister on a pending unrelated case. Mr Watts claimed that meant Judge Newman should have bowed out from hearing the will dispute.  But Appeal Court judge, Sir Stanley Burnton, dismissed his challenge, saying there had been no “appearance of bias” on Judge Newman’s part.Mr McLarnon said outside court that Mr Watts is now planning to fight on in the highest court in the land, the Supreme Court. Mr Watts added, “There are two sides to every story, but this result is disgusting.”

There is a simple rule here, get good independent Altrincham financial planning advice, from your local Altrincham IFA,  get your legal documents drafted in good time and talk to your family about your wishes.  This story could have been resolved had people been honest and open about things prior to death.  Call our independent Warrington, Knutsford, Altrincham, West Kirby or Wilmslow estate planning team today for a FREE consultation.

Will you live forever?

Will you live forever?  The answer is NO.

So have you planned for the day you are no longer here?

The answer again is NO.

Estate Planning

Estate Planning

It’s simple; people are not made aware of the processes that happen we you die.  Have you got children?  If yes, have you spoken to your family and your children about who would look after them if you were no longer around?  Is this in your will as a Guardianship clause?  Has the health of these people or the finances of these people changed?  Are you still happy for them to look after the children?

What about your STUFF (Your estate)?
Who will claim everything on your behalf (executors): close accounts, pay your bills and sell your assets?  Have these changed? Have you drafted this in your will as an executor and trustee? Is the value of things you are leaving behind enough to pay off all your debts: mortgage, loans, overdrafts, credit cards and does it leave enough for your surviving family to survive as you would want them to?

Why Choose us


Investment portfolio review


Cash flow modelling


Fully Independent


FCA regulated


Financial planning


Estate planning qualified


Pension transfer specialists


Occupational pension specialists


All types of mortgages


Care fee planning


Low cost fees


Corporate planning


Wealth management


Retirement planning


Inheritance tax mitigation