What will planning my estate involve?


Many people assume that they don’t have an estate and so fail to prepare for what will happen in the event of their passing. Nearly everyone has an estate. An estate is anything that you own; a home, a car, a business, bank accounts, insurance and so on. It is very important for you to do estate planning – this means legally determining who gets your possessions when you die. If you die without a will your loved ones may end up fighting over whatever you leave or it may end up being taken by the government.

If you live in Nottingham one of the best companies that you can hire to help you with estate planning is Mortgage Advice Services. They have a team of skilled lawyers who are experts in these matters. Here is what they will do for you:

•    Advice in preparing your Will(s)

•    Unlimited Will re-writes for life

•    The Option to take a Guaranteed Probate Charge of just 1%

•    Will storage for life in a Solicitor’s secure vault

•    A Living Will that can be lodged with your GP

•    Severance of Tenancy for sound estate planning

•    A Property Protection Trust and/or Discretionary Trust which enables you to decide what happens to your assets

•    A review every three years to ensure your Will remains accurate and up-to-date

•    Inheritance Tax Advice to ensure your family’s inheritance is protected

•    Estate Planning Advice to help you make informed decisions

•    Free advice for your chosen executor(s)

You may be wondering why you should choose Mortgage Advice Services – why, for example, can’t you find a lawyer to do your will for you? The reason why MAS come recommended is because they have expert will writers – professionals who do nothing but prepare wills for clients. This way, you can be sure that no mistakes will be made – remember, the rules of planning a will are determined not by you or by them but by the government. If even a tiny detail is wrong it can cause massive problems after your death.

Another commonly asked questions when it comes to wills is what happens if you dies without them. As already mentioned, it can cause problems for your loved ones but it can also for anything that you own to be taken by the government. There are several other scenarios too and these can be explained by an expert at Mortgage Advice Services.

However few your possessions you want to be the one to dictate what happens to then after you pass on. You should look into estate planning immediately by contacting Mortgage Advice Services. One of their experts will explain to you the best way to go about everything. You can find out more on their website, http://www.mortgageadviceservices.co.uk/willsAndEstatePlanning/

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