Benefits of a Will

Having a valid Will is one of the fundamental issues that any individual concerned with financial matters must address. When advising on inheritance tax (IHT) planning the first question that needs to be asked is about the Will – whether one has been made and, if so, what its provisions are. Apart from the fact that having a Will means that the client decides who benefits from their estate on their death, the inclusion of appropriate provisions in a Will can provide the opportunity to save substantial amounts of IHT.