TWB Announcements and Law Updates
The role of an executor is not to be underestimated. The duties and responsibilities of such offices are serious and as such should be undertaken with care.
It is the responsibility of the executor to ensure the terms of a Will are adhered to. As such it may be seen as quite a compliment to be asked to be an executor.
Read MoreWhen recommending a client follow this advice, it is very rare to not get asked: so what’s the benefit of writing life insurance into trust? Well, quite simply, doing so is one of the best and easiest ways of shielding a slice of your estate from Inheritance Tax (IHT) and thus safe guarding your wealth for the benefit of those who will ultimately benefit. Life insurance policies can make up a significant portion of your estate. By placing it in a trust, you can preserve it in its entirety and determine how and when your beneficiaries receive their inheritance.
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