House Clearance Southport & Wills, and will writing

We undertake house clearance in all areas of Southport: Banks Formby Lytham Saint Anne’s Ormskirk Tarleton Hightown Freckleton-Warton Croston Maghull-Lydiate Parbold Kirkham.

A Full List Of Our Southport House Clearing Services

House clearances can be potentially stressful & troublesome if you use cowboy companies – Please look at our many House Clearance Recommendations

Wills, and will writing

If you have not made a will, then you’re not alone – 67% of us haven’t. Most of us realise we should have a will, but are not quite sure why.

Top 5 Reasons to write a will

Without a valid Will even your husband or wife may only inherit half of your estate

If you are not married to you partner, then he or she may get nothing in the event of your death

If you have children under the age of 18 a Will ensures that you can appoint guardians to care for them should you die

A valid Will means that you can leave your estate, and personal items to the people you want

House Clearance Southport advises that having a Will is the only way to ensure your wishes are known, and it removes any ambiguity and confusion. If written professionally it virtually guarantees that your estate will pass to the people you choose.

DIY Dangers

Don’t be tempted to write your own Will using either online systems or a stationers pack – just one simple mistake can make it invalid.

Inheritance Tax

Rising house prices, and increased assets have brought more and more people into the Inheritance Tax bracket. Inheritance Tax is paid at a rate of 40% on assets in excess of £325,000. The first £325,000 is called the “nil rate band”.
Did you know?

The government collects nearly £4 billion each year in Inheritance Tax

Transfers between husband and wife are exempt

Even giving your money or property away does not make it immediately exempt

Millions of people now fall into the Inheritance Tax trap
Probate can not be granted until the tax due is paid – which may mean borrowing or selling a property

What can you do to avoid Inheritance Tax

There are a number of strategies you can use to avoid Inheritance Tax. One of the simplest is the use of a Trust.