This will can be used as a "Two year discretionary trust" will
for the purposes of IHT. Suitable for: young parents to cover
unexpected accident;Older parents;Anyone in a position to
use the two year flexibility.
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This will combines several simple features to avoid all liability
to IHT. Suitable for: anyonemiddle aged or older parentsNo
settlement for IHT purposes, so children can permit widow/er
to live in house if that is part of property given, without tax
corsequences.
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Gifts to anyone, as required. 60% of residue to wife /
husband / life partner, for his / her life; 40% to children
immediately. Suitable for: person living with someone other
than parent of his / her children.
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"Gifts to anyone, as required. Half residue to spouse for
life, income only; after his / her death then to children.
Specific provision for spouse to occupy house as part of his
/ her half. Trust provisiors to maintain capital value (for
benefit of remaindermen). Provision for termination of life
interest in house if tenant for life co-habits with someone.
(That is: lives together). Other half of estate to children
immediately. Various provisiors to make sure the Trustees
keep the capital value of the Trust Fund intact for the
remaindermen - so less freedom to spend capital money on the
tenant for life.Suitable for: person married to, or living
with someone other than parent of his / her children.
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Gifts to anyone, as required. May be used as "mirror" wills.
Everything given to the other of them. If the other dies
first, or they die together, then estate divided into 2
parts (or any number of parts, or not divided at all) and
given to brothers and sisters or others. Trust provisiors.
Suitable for:married couple, no children, any
circumstancesSuitable for: married couple, no children, any
circumstances.
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Gifts to anyone, as required. House and sum of money to
spouse for life; after his or her death, to children and other
relatives. Spouse may have capital too, if needed. Rest of
estate to children now. Suitable for:anyone;person whose
spouse needs house but may have few other assets to
maintain himself / herself. Person with children.
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Comprehensive terms and conditions, or rules for an
environmental group to promote and encourage the
improvement and protection of the environment. The group
could be formed to promote environmental protection in
general, or for a specific purpose, for example, to improve
the quality of the air, to, monitor and report on local
industrial processes and chemical and oil spills, to reduce
noise pollution, to promote water consumption awareness
and other similar things.
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Simple will - all to one person, probably spouse or life
partner. If he or she dies first, then to others. Suitable for:
married or single person, may have relatives.
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Gifts to anyone, as required. No formal trust but includes
trust provisiors suitable for under 18 beneficiaries in any
relatiorship category. Suitable for: widow, widower or
divorced person who has children but no "life partner".
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Gifts to anyone, as required. All to spouse absolutely. If he /
she does not survive then child guardiars appointed. Trusts -
half of residue for children.Other half of residue to guardiars.
They receive income as it arises and may receive capital
subject to a good "report" by children when they are of age.
Trust provisiors allow for minor childrenSuitable for: young
parents, particularly to cover unexpected accident.
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You stay in control of who to give to. Main estate to nieces,
nephews or others. Trust provisiors for children. Suitable for:
anyone; single person, no spouse, no children.
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This will provides for a "Nil rate band" gift into discretionary
trust for any of your listed potential beneficiaries. Suitable
for: anyone;parents of any age, to cover unexpected accident.
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This will provides for a "Nil rate band" gift into discretionary
trust for any of your listed potential beneficiaries. Of course
you will have left a"side letter" setting out your precise
preference as to the distribution of the funds in the trust.
Suitable for: anyone.
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Gifts to anyone, as required. All to spouse for life, inc power
to spend capital. Gift over to children absolutely. Wide trust
powers.Suitable for: person with wealthy children who do
not need large amount of cash on your death and for whom
the "gift over" on death of tenant for life is not important.
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You stay in control of who to give to. Whole of estate to
spouse or partner for life. After death, split between other
relatives and charities. Spouse can have capital too, if
needed.Suitable for: person with or without children who may
or may not have re-married, but wants spouse to have life
interest only.
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Official form for any translator to complete when they have
acted as an interpreter / translator when either of the
following documents was signed: a) an Enduring power of
attorney b) an Advance Health Directive.
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