Wills and other Legal Instruments

It is in your interests, and those of your family and beneficiaries, to have your Will written or reviewed by a practitioner with an understanding of long term care legislation.

There are many misconceptions surrounding long term care funding and Wills. It is therefore vital that your Estate Planner or Will Adviser understands the gifting of assets to avoid inheritance tax and whether or not that gift is affected by the deprivation of assets legislation under National Assistance Regulations regulation 25 (assessment of resources) and The Health & Social Security Adjudication Act 1983 for those in care.

Your estate can be protected through the use of various legal instruments that form an integral part of your Will. These may include:

1.              Alterations
2.              Deeds of variation
3.              Discretionary will trust
4.              Secure document storage
5.              Long Term Care Planning