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Private Client

Wills

A will ensures that, after death, a person’s estate is distributed in accordance with his or her wishes. In the absence of a will, it is unlikely that the statutory intestacy rules will reflect the deceased’s intentions.  This can lead to an unhappy family situation, as well as difficult and expensive disputes.

A well-drafted will may also provide the potential for substantial tax savings.  Will drafting is a complex area and governed by esoteric rules, many of which are centuries old in their origins.  For example, many people do not know that marriage revokes a will, or are unsure of the impact on the terms of a will of the lifetime disposal of property specifically gifted under a will, or the consequences of a named beneficiary predeceasing the person making the will.

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