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£2,000,000 P.I. Insurance
Full Legal Will
Code of Conduct
Family Business
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Your Children Inherit your Estate:
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Potential Risks:
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Ex-spouses could claim some of the funds
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By adding funds to your Children's estates, they could pay extra Inheritance Tax on their death
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Creditors could come after any money if your children have outstanding debts
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Funds could be used to pay for your children's care later in life
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No Guardians named. The local Authority will decide on their care, this may not be family members.
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A standard Will ensures that you clearly appoint your Executors and ensure your children do not have to go through a long winded legal system to get their inheritance. It may not stop the risks, but it will ensure a simpler process in a difficult time.
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