We have added 2 new pages to the Making a Will section on the website. The first is called Executors and Guardians.
An Executor is responsible for arranging the funeral (in conjunction with, or as part of, the family) and then carrying out the terms of the will.
You may appoint Guardians in your will to take responsibility for any of your children who are under the age of majority (18) at the time of the death of yourself or your spouse.
The second page is all about Inheritance Tax.
Planning is very important to avoid paying too much tax in the event of your death. You need to understand the law and we strongly advise that if you think your estate will be valued above the tax thresholds, you consult a professional without delay because Inheritance Tax issues can be complex.
More information will be added soon and this includes:
- Planning your funeral
- Pre-paid funerals
- Paying for your funeral
Update 28th August 2013
We have added another page, Planning Your Funeral, which deals with pre-paid funeral plans, other ways to pay for your funeral, and your funeral wishes.