Email enquiries@hudsonlegal.co.uk | Call 020 8566 5522
Hudson legal is regulated by of the society of will writers, a non-profit organization which regulates it’s members standard of practice. Through Hudson’s regulation by the society of will writers you can rest assure the advice and service you receive Co insides with the latest regulations. Hudson Legal has professional indemnity cover for 2.5 million.
A carefully planned and informed will can protect the individuals you would want to protect. Not making a will means the people you would like to benefit from your estate, may not be provided for.
A will can also allow you to make provisions for individuals you want to make special provisions for. For example grand children or vulnerable persons in the form of a trust.
Despite the recession property prices are higher than ever, Santander has predicted 947,606 homes in London being valued over 1 million by 2030. This makes any property you leave behind liable to heavy tax penalties; if you are a property owner you can make provisions for this in your will.
Rising property prices also makes it harder for your children or grandchildren to raise a deposit to get on the property ladder. Drafting your will skilfully can help your beneficiaries make the most out of their inheritance to allow for these financial provisions.
We offer the following services
Face to face consultation : Our advisers will meet with you to discuss your needs and your assess you asset base Consultations can take place at a time and place comfortable and convenient to you. We offer appointments in our office as well as home visits. We find that the majority of our clients find comfort in discuss their will in the privacy of their own home. Alternatively we can provide clients discretion at our office as our consultations take place in a private consultation room.
Face to face consultation : Our advisers will meet with you to discuss your needs and your assess you asset base Consultations can take place at a time and place comfortable and convenient to you. We offer appointments in our office as well as home visits. We find that the majority of our clients find comfort in discuss their will in the privacy of their own home. Alternatively we can provide clients discretion at our office as our consultations take place in a private consultation room.
Face to face consultation : Our advisers will meet with you to discuss your needs and your assess you asset base Consultations can take place at a time and place comfortable and convenient to you. We offer appointments in our office as well as home visits. We find that the majority of our clients find comfort in discuss their will in the privacy of their own home. Alternatively we can provide clients discretion at our office as our consultations take place in a private consultation room.
Our advisers carry out an evaluation of your existing assets and make a note of any provisions you would like to make for any beneficiaries . We also ask all the relevant questions regarding your individual finances and assets leaving no leaf unturned. After taking instructions we create an initial draft for you to look over and make any necessary amendments inclusive of the one off fee you pay.
Once we have written a will you are happy with we offer to store a copy of your will for you ; charged at a small annual fee . When storing a will win us rest assure that your deeds will be kept safe and its content held in client confidentiality . An added benefit of storing a copy of your will with us is in the occurrence that you are ever in need to make any changes to your will we can do so with no delay or complications.
If you want to update your will, you need to make an official alteration (called a ‘codicil’) or make a new will. We can go through this process with you making sure you change your will with optimal effect in line with current regulations.
If you fall under any of the below categories you may need to make or revoke your will in order to meet your new circumstances
You risk a large percentage of your estate going to the government in Inheritance Tax.
Failing to make a will also means that your considered intestate meaning that the state dictates who gets what from your estate . This not only disregards the people you would have liked to have made provisions for but leaves your assets open to claims from individuals whom you would not have wished to have had access, for example your previous spouse.
If you are not married or your in a civil partnership your partner will not automatically inherit from your estate. In addition your previous spouse can make claims to any estate you leave behind. Excluding certain individuals out of your will can avoid any false claims from succeeding and avoid delays of inheritance to your intended beneficiaries.
if you leave any children behind they risk being taken in my the state. This means there is no family influence on how they are raised or financial provisions for their upbringing costs. This is not what most people would want for their kin. Introducing guardians into your will can help you make provisions for your children in this scenario.
Not making a will can create unnecessary stress and pressure on your family at what is already a difficult time. After having lost a loved one your intended beneficiaries may have to then face court hearings against the courts decisions or against any individuals claim to your estate . Being without a title deeds your intended beneficiaries will find it difficult to settle your affairs resulting in the un-desired allocation of your assets or delaying inheritance for years potentially.
A large proportion of society delay making their will until it is too late to maximise on the full tax advantage of estate planning.
It is not common knowledge that there is a 7 year time frame between making gifts in a will and the tax advantage of gifting in a will applying. With in this 7 year period any gift's to beneficiaries are not exempt from inheritance tax.
The sooner you make your will the better it is for your beneficiaries and the people you want to protect.
Only 2 of 3 Adults have their will written, leaving one in three people at risk of maximum taxation no control over asset distribution , no guarantee of guardianship for their children and open to claims from family members or previous partners.
Call us today for some advice from one of our consultants. Our consultants will provide you with some relevant advice and suggestions on the steps you should take when approaching your will.
If you decide to make your will with us you will be discussing your matters with a delegated consultant who has full knowledge and understanding of your individual case through out the entire process.
We take pride in providing an excellence in client care, being a small firm we can achieve this for our clients.
Monday - Friday
9am - 5pm
Call us on 
