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SC-WIL001 |
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Our simplest will. Provides for a single gift of all assets to one person. If that gift fails, then to another person or charity. |
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SC-WIL002 |
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A simple will providing for a single gift of all assets to one person - most like the wife / husband / life partner. If that gift fails, then to any number of other specifified people. |
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SC-WIL003 |
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This will provides for gifts to anyone, as required. It does not set up a formal trust but includes trust provisions suitable for under 18 beneficiaries. It is most suitable for a widow, widower or divorced person who has children but no “life partner”. |
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SC-WIL005 |
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This will provides for gifts to anyone, as required. Further, the house and sum of money is gifted to the spouse for life. After the spouses death, that money and the house passes to the children and other relatives. The spouse may have capital too, if needed. The rest of estate passes to children immediately. This ensures the life parter is provide for yet most assets eventually end up with the children. |
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SC-WIL006 |
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This will provides for gifts to anyone, as required. Further, it may be used as a “mirror” wills. it provides for everything to be given to the other of them. If the other dies first, or they die together, then the estate is divided into 2 parts (or any number of parts, or not divided at all) and given to brothers and sisters or others. Includes trust provisions. |
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SC-WIL007 |
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This will provides for gifts to anyone, as required. Further, the entire estate passes to the spouse or partner for life. After their death, the estate is split between other relatives and charities, and or children. The spouse can have capital too, if needed. This ensures that the spouse does not inherit the all assets and that instead, they are passed on, on the spouses death. |
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SC-WIL008 |
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This is a simple will which provides for gifts to children, nephews, nieces and so on. It is most suitable where the beneficiaries are young as it includes comprehensive trust provisions so that they do not mis-spend the assets. |
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SC-WIL009 |
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"This is a very popular will for someone who is living with their life partner or spouse, where that spouse is not the parent of their children. It provides for gifts to anyone, as required. Further, half the residue passes to the spouse for life, income only. The spouse does not get a proprietal share in the assets. After the spouses death, the remainder is passed to the children. Includes specific provision for the spouse to occupy the house as part of his / her half. Includes trust provisions to maintain capital value (for benefit of remaindermen) and provision for termination of the life interest in the house if the tenant for life (the spouse) co-habits with someone. (That is: lives together). The other half of the estate passes to the children immediately. Various provisions to make sure the Trustees keep the capital value of the Trust Fund intact for the remaindermen - so less freedom to spend capital money on the tenant for life. |
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SC-WIL010 |
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This is best suitaed to a person with wealthy children who do not need large amounts of cash on your death and for whom the “gift over” on death of tenant for life is not important. It provides for gifts to anyone, as required. Then, all assets pass to the spouse for life, including the power to spend capital. Gift over to children absolutely. Includes wide trust powers. |
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SC-WIL011 |
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This will has been drawn specifically to suit young parents who die unexpectedly. Gifts to anyone, as required. All to spouse absolutely. If he / she does not survive then child guardians appointed. Trusts - half of residue for children. Other half of residue to guardians. They receive income as it arises and may receive capital subject to a good “report” by children when they are of age. Trust provisions allow for minor children |
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SC-WIL012 |
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This will can be used as a “Two year discretionary trust” will for the purposes of IHT. It provides for gifts to anyone, as required. Then, all to spouse absolutely provided she survives. Otherwise gift over by creation of discretionary trust for discretionary beneficiaries. Full trust provisions with wide powers to trustees. Cash can be used in any way - for example, to pay guardians or direct to children for education and maintenance. Guardians may use money generally. No specific obligation to any one beneficiary. |
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SC-WIL013 |
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This will is a very simple “Nil rate band” will for purposes of IHT. Under the law at August 06, no inheritance tax will be payable on your death. IHT will be payable on the death of your spouse. This is a simple way to minimise IHT. |
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SC-WIL014 |
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This will provides for a “Nil rate band” gift into discretionary trust for any of your listed potential beneficiaries. Of course you will have left a “side letter” setting out your precise preference as to the distribution of the funds in the trust. Under the law at August 06, no inheritance tax will be payable on your death. IHT will be payable on the death of your spouse. This is a simple way to minimise IHT. Gifts to anyone, as required. NRB gift into trust, then all residue to spouse (who will receive free of IHT). |
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SC-WIL015 |
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This will combines several simple features to avoid all liability to IHT. First, gifts to anyone, as required. But that will use up some of your nil rate band. Second, you create a discretionary trust of (the balance of) your nil rate band. This gives your trustees great flexibility, to deal for example with a family business. You instruct your trustees in a side letter exactly how you would like them to exercise their discretion among the beneficiaries you have named in your will. We provide an example letter of instruction. Under the law at August 06, no inheritance tax will be payable on your death. IHT will be payable on the death of your spouse. This is a simple way to minimise IHT. You instruct your trustees in a side letter exactly how you would like them to exercise their discretion among the beneficiaries you have named in your will. We provide an example letter of instruction. Under the law at August 06, no inheritance tax will be payable on your death. IHT will be payable on the death of your spouse. This is a simple way to minimise IHT. |
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SC-WIL016 |
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"Gifts to anyone, as required. 60% of residue to wife / husband / life partner, for his / her life; 40% to children immediately. After death of wife / husband / partner, all to children. Gifts to anyone, as required. 60% of residue to wife / husband / life partner, for his / her life; 40% to children immediately. After death of wife / husband / partner, all to children. Wider trust powers, may fail to preserve capital
Specific provision for partner to occupy house;
Wider trust powers, may fail to preserve capital " |
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SC-WIL017 |
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This will provides for a “Nil rate band” gift into discretionary trust for any of your listed potential beneficiaries. Of course you will have left a “side letter” setting out your precise preference as to the distribution of the funds in the trust. Under the law at August 06, no inheritance tax will be payable on your death if all the balance of your estate is paid to your spouse. IHT will be payable on the death of your spouse. This will also provides for the creation of a second discretionary trust, into which all your remaining assets are given. This will include assets on which IHT is or may be payable, such as assets subject to exemption or partial exemption which you did not include in the nil rate band trust, as well as assets which may be liable to the full charge. This enables your trustees to re-arrange your estate so as to minimise tax or pay some people and not others. IHT is payable on the “re-arranged” estate. It is essential that your trustees take such steps within two years of your death, or the opportunity is lost. This is a simple way to minimise IHT. |
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