Focus SWW Summer 2018 | Page 7

5 You don’t mind how your funeral is conducted Let your family work out what your funeral wishes were. You don’t mind whether you’re cremated or buried and you have no specific requests. If you do have special wishes such as having your ashes scattered in a favourite location you’re sure your family know this, and it isn’t likely to cause any disagreements. Right? 6 Inheritance Tax? The intestacy rule s might not be the most tax effective way of passing on your estate but you don’t mind if there’s a larger tax bill. That’s for your family to arrange and you’re sure they won’t have any trouble realising your assets and paying any tax due. The IHT forms are known for how easy and stress free they are to complete. 7 8 You supported charities enough during life You’ve always been a regular supporter of a charitable cause, but there’s no need to carry on these donations once you’re gone. Trust? Trust who? You can’t see any need to use trusts to protect any of your assets after you’ve passed away. You’re happy to just leave your estate to whoever the intestacy rules state is entitled to them and so be it if they are bankrupt, they divorce, or they gamble it all away. Either the state or your surviving family will make sure your minor or disabled children are cared for. Not sure about Ken’s advice? Think maybe you would benefit from speaking to a professional? Take a look at our companion article 8 Reasons to Write a Will and contact a Society of Will Writer’s Member to talk about your estate planning today. The Society of Will Writers 5