Wills
Have you made one!
If you are married, do not assume your surviving wife will inherit all your wealth to maintain herself and the children.
Without a Will solely in her favour, your children may be entitled to part of your estate at 18 years! If you make no Will, you will also increase the legal fees your wife must pay to sort out your estate and the problems caused because you did not make a Will at a relatively small price in comparison!
If you are in business, on your death, your personal representatives (PRs) cannot continue running your business until they can sell it for the best price: the PRs cannot use your wealth to employ a manager!
Would like to know why?
Call Alan on 0208 447 4910.