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Protecting your assets
Understand how your hard earned assets could be at risk to various risks such as the divorce and bankruptcy of your beneficiaries.Read more >
20 May 2015
Lasting powers of attorney
Your bank accounts could be frozen in the event of an accident or long term illness. Your family could be left in extreme hardship regardles...Read more >
18 May 2015
Creditors and bankruptcy
Understand how you can shelter your assets from your beneficiaries creditors.Read more >
12 May 2015
Deed of Variation
What is a Deed of Variation?
A Deed of Variation changes a Will after death and enables the beneficiaries of a deceased’s estate to alter the distribution of that estate, or relinquish a bequest from an estate, by changing the deceased’s Will. A Deed of Variation can be drafted up to two years after the date of death.
Why Use a Deed of Variation?
There are many reasons why it may be desirable to amend the Will of a deceased, or indeed an Intestacy.
By not receiving your inheritance “absolutely” and varying the assets into a Trust, you will ensure that the assets are protected for generations to come, protecting them against risks such as:-
• Divorce settlements
• Long Term Care Fees
• Marriage after death
• Creditors & Bankruptcy
• Further Taxation.
Assets held within a Trust will ensure your inheritance is protected whilst still allowing you full access to the assets as you wish.
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