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Lodge Brothers take steps to help reduce the Inheritance Tax payable

Inevitably, life tends to have a way of getting away with us. We leave school as young adults, searching for incomes which will allow us the independence that we so covet. Earning money means we have the power to make the choices about our own lives that feel so important to us at the time. Whether our goals are to grow our careers, or to start a family, independence generally decreases as we become more financially viable. What begins as an endeavour to be the best person that we can be, results in the accrual of material things and people. The car you save for to empower freedom of choice in your life becomes an asset. The type of social interactions which you choose, leads to you meet likeminded individuals and perhaps eventually results in a joining of kindred spirits in matrimony or the like. Families grow, houses are built and the need for a more stable income grows. All of these things that you need to build to sustain your life, become your assets. You have a choice over them in life. So too, do you have a choice over them in death.

Life unwittingly takes hold of us and often, the administration of your life is left at the bottom of the list of things to do. Stats show that 38% of adults living in the UK passed away last year without a will. Your will is your last chance to make voice heard and to have your final choices carried out as you would have done if you were still able. Failing to plan for your estate your estate via your will, you leave a lot to chance. And if you have not lived your life leaving all things to chance, why let it be the case in your death. No one person knows your wishes and desires as well as you do so when you pass away without a will and your estate is then governed by the laws of intestacy which means that everything that you have worked your whole life to attain is now governed by a set of rules enforced by the courts. Only married or civil partners and some of your close relatives are able to inherit your estate under the laws of intestacy which means that the courts may assign your possessions to someone who you had never intended them to.

Lodge Brothers attorneys specialise exclusively in Probate, Wills and Power of Attorney. Probate Guildford is the process, which confirms who will handle a person’s estate after their death and it is important to have, as it is a legal requirement. Probate Feltham is a complicated system that is advisable to be handled by a competent probate attorney. Aspects of the probate Ashford process include, establishing the value of your assets and liabilities, finalising Inheritance Tax, applying for Probate Registry for the Grant of Probate or Grant of Letters of Administration. Lodge Brothers probate Woking offer caring and practical legal advice efficiently and professionally to make your life easier during distressing times.

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