Farley And Partners

Estate planning for singles

Single people might not have given a thought to estate planning. But you should make a Will to set out your preferred funeral arrangements, how you want your estate to devolve on your death – and who will have responsibility for it.

Your estate might pass to your parents or your siblings under intestacy rules, but would you prefer to leave your wealth to your nieces and nephews – with the bonus of potential IHT savings through ‘generation skipping’.

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