Made with Xara
© John Frith 2011
Introduction
An effective will includes not only ‘to whom’ but also ‘how to’
distribute assets.
A simple will deals with little more that ‘to whom’.
The ‘how to’ ensures that heirs get the maximum possible benefit.
People complain about executor’s fees of 3½% but are not aware of
how the inadequate ‘how to’ reduces the benefits heirs receive.
1.
Distribution delays (as high as 12% and more),
2.
asset sales (changes with each estate),
3.
legal costs (changes with each estate),
and
4.
additional tax (+3% for estate duty)
are some of the consequences that result from an will that gives
inadequate instruction
While executor and legal fees are shown in the estate accounts
distribution delay and additional tax losses are never shown
anywhere. 99% of people are not aware of them.
All these reduce the benefits heirs receive.
All can be reduced or eliminated.
Call John (046) 624-9000 for a free consultation or see services
for contact details and other services that benefit heirs
The new generation will
Best for heirs Best for you
With a YFC Will you get the ‘who to’ and a well
researched ‘how to’ which includes amongst others the
following:
1.
You choose the executor
2.
Heirs normally paid within 4 months
3.
Sales subject to heirs choice
4.
Few if any legal costs
5.
No extra tax
6.
Under age heirs considered
7.
Solvency of heir
8.
Protection of bequests to heirs married in community of property
9.
Change your will only when you wish to change a beneficiary
Click here for will deals