Will Writing Procedure
Writing a Will protects your assets and helps minimise the chances of a contest over your estate!
Before making a Will, it is important to consider the value of your estate both now and in the future. Estate planning is straightforward and will help you plan what you wish to include in your Will.
Completion of the process will enable you to calculate the estimated Inheritance Tax liability arising when each of you dies. This knowledge will enable both of you to plan the terms of your Will so that you achieve a sensible balance between the practical needs and tax saving.
You will have to add up the value of your assets and liabilities, which could include the following:
- Assets – such as your home, shares, savings, furniture, premium bonds, pension funds etc.
- Liabilities – such as your mortgage and debts
- Pension Fund Benefits and Life Assurance
- Pension Fund Benefits
- Life Assurance
Please note, some of these services are not available in the UAE. For more information, please contact us.