THE BENEFITS OF MORTON FRASER
At Morton Fraser, our friendly and approachable team is here to help you get these two important documents in place. We’ll clarify any complex family issues and make sure your Will is clearly written in plain English so that it’s easy for everyone to understand.
Our approach is to familiarise ourselves with our clients’ circumstances and objectives and always provide clear, thorough advice. As important as your Will, is how you get to that point, and what you need to think about to get your affairs in order. It's all about planning, for if you don't and you don't have a Will, the State will tell you what has to happen to your assets. If you have a large estate, Inheritance Tax (and other taxes) can be saved if you structure your affairs correctly. You also need to appoint Executors to sort out your estate when you die. And we can help you decide who would be best suited for this.
No matter what your age or circumstances, you should have a Power of Attorney. This document gives a trusted person or people authority to make decisions on your behalf if you’re not capable of doing so yourself. This can cover financial affairs, health and welfare. We’ll explain clearly what it is and when it would be used.
In terms of protecting your assets and for saving tax, properly set-up Trusts are invaluable. They can ensure your assets are secured for your beneficiaries and save significant amounts of money in relation to Inheritance Tax and Capital Gains Tax. For a Trust to work efficiently, you need excellent legal, tax and investment advice, as well as good administration, all of which our team can provide.