01749670087 enquiries@pilgrimfp.co.uk

Financial Updates July 2016 - Wills and intestacy

A will not only ensures that your estate is distributed according to your wishes but can also be used to reduce your liability to inheritance tax (IHT).

Despite the importance of estate planning many people haven’t made a will. A 2015 survey by YouGov found that 62% of British adults do not have a will.

Similarly, Citizens Advice has reported a sharp increase in the number of enquiries about intestacy. Last year the charity received 3,747 queries about dying without a will, compared to 1,522 in 2011.

A valid and up-to-date will gives you peace of mind that your estate will go to who you intend. It can also save your loved ones stress and help ensure that you don’t pay more IHT than you need to

AttachmentSize
pilgrimfppwp_fub_jul16_wills_update.pdf607.47 KB

CII

Pilgrim Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 539738 http://www.fca.org.uk/register.

Pilgrim Financial Planning Ltd Registered Address: Thyer House, Wells, BA5 2RR. Registered in England & Wales, No. 7450215.

Neither Pilgrim Financial Planning Ltd nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.

The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at http://www.financial-ombudsman.org.uk.

The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.

Please read our Privacy Statement before completing any enquiry form or before sending an email to us.