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What is a Basic Will, Mirrored Will, or Will Trust (UK)?
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What is a Basic Will?
What are Mirrored Wills?
What is a Will Trust?
While there are several different types of Wills, the three most common in the UK are:
BASIC WILL
MIRRORED WILLS
WILL TRUST
In this 30-second video, we will run through the different types of Wills.
Straight Advice: In most cases (~70%) Basic Wills are all that is required. In higher value estates, basic wills, while good, will not provide any additional protections or benefits.
A chat with a Professional Estate Planner can quickly sort out whether a basic will is all that's needed.
#whatdotrusteesdo #bankruptcy #carefees #children #deliberatedeprivation #divorce #divorceadvice #divorcedmom #divorcedwomen #england #englandandwales #estateplanning #estateplanninglawyer #estateplanninguk #family #familysafety #fy #fyp #generationalwealth #guardianship #homeownership #howtosetupatrust #howtowriteawill
#iht #inheritance #inheritancetax #lifeafterdivorce #longtermcare
#peaceofmind #pptwills #prenupideas #prenuptial #prenuptialagreement
#prenuptials #property #propertyinvestment #propertyuk #protectivepropertytrusts #trusts #wealthpreservation #whentowriteawill #wills #willsandtrusts #willwriting #willwritinguk
What are Mirrored Wills?
What is a Will Trust?
While there are several different types of Wills, the three most common in the UK are:
BASIC WILL
MIRRORED WILLS
WILL TRUST
In this 30-second video, we will run through the different types of Wills.
Straight Advice: In most cases (~70%) Basic Wills are all that is required. In higher value estates, basic wills, while good, will not provide any additional protections or benefits.
A chat with a Professional Estate Planner can quickly sort out whether a basic will is all that's needed.
#whatdotrusteesdo #bankruptcy #carefees #children #deliberatedeprivation #divorce #divorceadvice #divorcedmom #divorcedwomen #england #englandandwales #estateplanning #estateplanninglawyer #estateplanninguk #family #familysafety #fy #fyp #generationalwealth #guardianship #homeownership #howtosetupatrust #howtowriteawill
#iht #inheritance #inheritancetax #lifeafterdivorce #longtermcare
#peaceofmind #pptwills #prenupideas #prenuptial #prenuptialagreement
#prenuptials #property #propertyinvestment #propertyuk #protectivepropertytrusts #trusts #wealthpreservation #whentowriteawill #wills #willsandtrusts #willwriting #willwritinguk
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