25/05/2012
Some Historic Truth
The will is dead! Long live the will
It was in a time long ago in a land we have long forgot when professional wills were written only by trained members of the legal profession ‘solicitors’
It was around twenty years ago when the likes of inheritance tax became a problem for the masses, rather than the boil on the lower regions of the wealthy. At this time a new hero was desperately needed and so was born, his like is still alive if not prospering today. Enter the will writer armed with a few in will trusts he would scour the land in search of those afflicted by IHT.
Along his path of helping others, the brave will writer came across others afflicted with problems such as health care worries and untraditional family structures all he found he could aid with the same in will trust.
However a time would come when the very foundation upon which this new industry had been built would cease to exist and by so doing as bring its downfall.
The powers that be with two simple legal blows bought the entire industry to it’s knees, the first was effectively enabling the IHT threshold to double without the need of a ‘in will’ trust, the second bought about through the court failing in many cases to uphold trusts created with no fathomable purpose other than for the estate to evade legal payment of health care fees due. In a desperate fight back the will writer hung on to any remaining services lasting powers of attorney and document storage to put bread on what was once a full table.
Memories of the plight of the blacksmith or more recently the miners in the north coming to the forefront of there mind. But only the hardiest of them survive this destructive storm and only the most foolish among them will not see the light or smell the coffee, for the truth is it is time to leave will writing to the solicitors.
Living Trust a legal process used for hundreds of years, is new in its approach, deliberately not conflicting with the already over bloated and distrusted financial industry, executed by solicitors and all ongoing administration free and fully insured against negligence covers all ills of the modern day client when estate planning. Our service it is more versatile and in the long run far less costly for their estates.
We suggest that if you are looking to protect your legacy get all the facts. Book a 1 hour free consultation on living trust with us.