IBB Law Supports The Hospice of St Francis, Make A Will Month 2020.

IBB Law is delighted to be supporting the Make a Will Month again in 2020. During the month of October we will waive their fees for writing a will in lieu of a donation to The Hospice of St Francis. The minimum donation towards the care offered by The Hospice of St Francis is £140 for a basic Will or £200 for a pair of basic mirror Wills. Typically a the cost of Will writing is much higher than these donation amounts.

Jacqueline Almond, Head of the  Wills, Trusts and Probate team says if the scheme:

We are delighted to participate in the scheme again in 2020. The primary reason for us taking part is that the Hospice of St Francis is such a great local charity. IBB is keen to support local charities, particularly this year which has been so tough for them.

The COVID 19 pandemic has made us all think about our future and those of our loved ones and one of the key reasons for making a Will is to ensure that your loved ones are provided for in the future. Making a Will not only guarantees that your wishes are carried out, but also ensures that your loved ones are clear about what your wishes are. It provides certainty.  A Will can also help with tax planning.  Many people marry more than once, have second families or, nowadays, do not marry at all. In these cases a Will can ensure that your wishes are fulfilled. Furthermore, if you have a disabled child then a well drafted Will can include trusts which ensure they are supported.

Jacqueline has helped the Hospice of St Francis to produce a short video detailing why it is so important that we have a Will. You can watch that video here:

Anyone who needs to write a will simply has to book an appointment to take place between 1 and 31 October 2020. This is a great way of taking care of an important task and looking after your loved ones in your will. You’ll gain peace of mind while supporting the Hospice at the same time. To book an appointment at IBB’s Chesham office, please contact  IBB’s Wills, Trusts and Probate team on 01494  790 023 or email wills@ibblaw.co.uk .

If you haven’t made a will, or reviewed an existing will recently, here are a few considerations:

• If anyone under 18 years of age is to receive a gift in your will, make it clear if you wish it to be paid to their parents on their behalf
• Trustees may hold money or assets in trusts for young children or others and they need special powers to avoid any statutory restrictions
• Gifts to charity are free of Inheritance Tax and can reduce the overall Inheritance Tax liability for your estate
• Review your Will at least every three yearsand ensure that it accurately reflects your wishes
• If you do wish to change your Will and the change is a minor one, then you may be able to do so by means of a Codicil
• If you leave a specific item to a particular person, it’s important that you describe it accurately in your Will

For more information about the work of The Hospice of St Francis, please visit their website

You can also follow the Hospice on Facebook: www.facebook.com/thehospiceofstfrancis or Twitter: @Hospicstfrancis

Book your appointment

To book an appointment at IBB’s Chesham office, please contact   IBB’s Wills, Trusts and Probate team on 01494  790 023 or email wills@ibblaw.co.uk .