Writing a Will should not be a process, rather it is the result of detailed planning and a consideration of factors such as your family’s circumstances and who will succeed to the family business. Planning for the future also needs to involve considering possible nursing home fees, perhaps school fees for the grandchildren or even provision for your children if they are still young. The content of the Will needs to be kept under review as your family circumstances change.
Whilst you may not expect a firm of Chartered Accountants to provide a Will writing service, it is actually a logical extension to the planning and tax advice we provide to our clients and their families.
Equally important, you should also have a Lasting Power of Attorney (LPA) in place in case you are no longer able to look after your financial affairs, either temporarily or permanently. Whilst commonly this is because of advancing age, it can equally be because of an accident or illness. Without an LPA, a spouse cannot sell the family home or operate a joint bank account if you have lost capacity.
We make active use of Trusts in tax planning and family situations and are experienced in their establishment, management and termination once they have served their purpose.
CBSL is very proud to announce that we are the first firm of accountants in Shrewsbury to be granted a license to provide probate and estate administration services, an area previously only available to solicitors. As we work closely with our clients and their financial affairs and have built strong relationships with our client families, it is logical that we are able to provide these services at what is often a very difficult and emotional time.
We deliver our probate and estate administration services at a cost that is often below that of other providers as we already have a detailed knowledge of your financial affairs. We also have a comprehensive understanding of all of your accounting and tax matters. We can therefore offer an efficient and timely service at a very competitive cost.