Unfortunately it comes to us all………………

Few of us like to think about dying but there are key issues we must consider, namely, who will look after our estate when we die and will our wishes be carried out.

The best way to achieve this is to have a properly prepared Will, which accurately reflects your current wishes. In preparing your Will you will need to appoint an executor - a personal representative responsible for dealing with your estate.

Unless your estate is relatively simple, this whole process can take more than a year to complete. And in this time, accounts and tax returns need to be prepared annually in order to fulfil the relevant compliance requirements. Add to this possible tax saving strategies, it's little wonder people often turn to their accountant to be their executors.

Trusts can also play a big part in how your estate is to be managed. Although often thought of as complicated and only for those with complex estates, in reality many individuals can benefit from the use of trusts, addressing potential problems with tax and family matters.

For more information on our executorship and trust services, please contact Beverley Aitken on 01622 213736 or email beverley.aitken@dsh.co.uk.