Proper Planning Must Be Comprehensive
30th September, 2016Many wills involve a degree of planning for Inheritance Tax (IHT) as well as just the appropriate division of the estate, but for any plan to be effective, it is essential that when the will is drafted, the solicitor has full knowledge of all the assets involved, which can include financial products or plans set up years prior to the drafting of the will. The dangers of making a will on the basis of less than full knowledge were clearly illustrated in a recent case in which a will was...