Tax Tip

Make sure your Will is up to date

A Will can be a powerful planning tool. Individuals are advised to review their Will regularly to ensure any changes in their family and financial circumstances are reflected, and also to take into account any changes in tax law. 

Wills can also be re-written by others within two years after your death, in the event that changes are agreed by all concerned to be appropriate. 

As your accountants, we can advise you on the latest tax law applicable to your circumstances and on the tax efficiency of the bequests you are planning to make. Please get in touch with us for more information.