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Pre-Paid Funeral Plans
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- Putting your funeral wishes in your Will is not legally binding upon your executors – they do not have to carry out your wishes.
- Money set aside in savings or insurance is only a sum of money. Executors do not have to spend it on your funeral.
- Funeral costs are bound to rise and you can never be sure your savings will be enough. You may even be setting TOO MUCH aside.
- A Guaranteed Funeral Plan takes care of all these problems and removes unnecessary emotional and financial worries from loved ones at a time of sadness.
- Andrew & John both have full details about how to set up a pre-paid funeral plan – please ask – there is no obligation.
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Copyright © 2006 Trust Wills & Legacy UK Ltd |
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Failure to appoint guardians can result in children being taken into care.
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Unmarried mothers living with the father of her children should appoint him as guardian of his own children.
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Unmarried couples without Wills have no automatic right to each other's money other than as dependants, and may have to go to court to get anything at all.
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Unmarried couples jointly owned property is still taken into account when assessing Inheritance Tax
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There is no inheritance tax on charitable gifts
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Banks sometiimes take as much as 7% of the value of an Estate when acting as professional Executors and Trustees
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Apart from immediate family, legacies which fail due to a beneficiary's death fall into residue for distribution
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