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Wills, Trusts & Estate Planning

Wills, Trusts & Estate Planning

Welcome to Haven Financial Planning Limited, where we specialise in providing expert Wills & Trust services tailored to the UK’s unique legal and financial landscape. Discover how our services can help you secure your family’s future and protect your assets.

A woman writing her will

Why Choose Haven for Wills & Trust Services

UK Expertise

Our team of experienced professionals is well-versed in the intricacies of the UK legal and financial system. We understand the specific regulations governing Wills & Trusts, ensuring your documents are fully compliant.

Tailored Solutions

We recognize that every individual and family has unique needs. Our Wills & Trust services are customised to your specific circumstances, providing you with peace of mind that your wishes will be carried out precisely as you intend.

Comprehensive Guidance

Our services encompass everything from drafting and updating Wills and Trusts to providing ongoing advice on estate planning. We're with you every step of the way, helping you navigate complex decisions.

Asset Protection Strategies

We specialise in designing Trusts that protect your assets from potential creditors and taxation, maximising the value you pass on to your beneficiaries.

Peace of Mind

With Haven Financial Planning Limited, you can rest assured that your legacy and loved ones are secure. Our meticulous attention to detail and legal expertise ensures that your documents are both valid and comprehensive.

The Importance of Wills & Trusts

Estate Planning

Wills and Trusts are vital tools for estate planning. They allow you to specify how your assets and property will be distributed after your passing, ensuring your wishes are honoured.

Asset Protection

Trusts, in particular, provide a robust means of safeguarding your assets for your heirs. They can help mitigate inheritance tax liabilities and protect assets from unforeseen events.

Guardianship for Dependents

Wills allow you to designate guardians for your minor children, ensuring their care and well-being in the event of your absence.

Avoiding Probate Delays

Properly structured Trusts can help your beneficiaries avoid lengthy and costly probate proceedings, expediting the transfer of assets.

Shape Your Financial Future

Contact us now to unlock tailored financial strategies and insights that will propel you towards financial freedom.

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Frequently Asked Questions
What is the difference between a Will and a Trust in the UK?

A Will is a legal document that outlines your wishes regarding the distribution of your assets after your death. A Trust, on the other hand, is a legal entity that holds and manages assets for the benefit of specified individuals or entities. Trusts can offer more flexibility and asset protection than Wills.

What is the primary purpose of having a Will in the UK?

A Will in the UK serves as a legally binding document that outlines your wishes regarding the distribution of your assets after your passing. It allows you to specify how your estate should be divided among your beneficiaries and can also address important matters like guardianship for minor children.

Do I need both a Will and a Trust in the UK?

The necessity of both documents depends on your specific circumstances. In many cases, having both a Will and a Trust can provide comprehensive estate planning, ensuring your assets are distributed efficiently and according to your wishes.

Can I make changes to my Will or Trust over time?

Yes, you can update and modify your Will and Trust documents as your circumstances change. It’s important to review these documents regularly to ensure they reflect your current wishes and situation.

When should I consider updating my Will in the UK?

It’s essential to review and update your Will in the UK whenever there is a significant change in your life circumstances, such as marriage, divorce, the birth of a child, or acquiring substantial assets. Regular updates ensure that your Will remains current and reflects your wishes accurately.

How can a Trust help protect my assets in the UK?

Trusts can provide asset protection by legally separating your assets from your estate. This separation can help shield your assets from potential creditors and can also be used strategically to minimise inheritance tax liabilities in the UK.

How can Wills and Trusts help with inheritance tax in the UK?

Properly structured Trusts can help mitigate inheritance tax liabilities by removing assets from your estate. This can significantly reduce the amount of tax owed upon your passing, preserving more of your assets for your beneficiaries.

Are there any tax implications to consider when creating a Will or Trust in the UK?

Yes, there can be tax implications associated with Wills and Trusts in the UK. Properly structured Trusts can help minimise inheritance tax liabilities, while a Will can specify your intentions for any applicable tax reliefs or exemptions.

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