Why Expats Need to Think About Wills

Posted on: 18th March 2015 in Retirement Planning

British Expat working abroad without a Will? Protect your family, savings and investments for total peace of mind.

Why expats need a Will

If you’re an expat living in a foreign country and die without a valid Will there could be severe consequences
There may be difficulty unfreezing bank accounts and other assets
There may be conflict between intestacy laws in your home country and the laws in which you reside
There may be difficulties over funeral arrangements
Protect your savings, investments and other assets
Pass your estate to the right people and protect them from inheritance tax
Plan who would care for your children if something was to happen to you and/or your spouse.

Who needs a Will?

If you are single you may wish to gift assets to your partner, family, friends and charities
If you are married don’t assume your spouse will automatically receive your estate
If you are a parent you will need to appoint a guardian for your children and ensure funds are in place for their care
If you are approaching retirement your existing Will may need reviewing to include grandchildren and/or any changes of circumstances
For all who wish to reduce inheritance tax liability and arrange for orderly estate planning

How we operate If you sign up for a FREE consultation you will be contacted by one of our team of British qualified consultants. They will guide you through the initial process to get a snapshot of your circumstances and explain the issues that a Will should address. Essentially, we are concerned to ensure that your financial assets are protected. We provide a comprehensive and sensitive service to individuals and couples who will have accumulated assets, may have children, may be from multi-cultural backgrounds and who will likely lead an international lifestyle. About Us Holborn Wills is backed by one of the largest financial advisory firms in the UAE with over 50 qualified UK consultants. They will help you cut through the jargon to make your Will writing process simple and painless.