Protect your grandchildren’s inheritance
The best way to preserve your legacy is to include a trust in your will so that when the first partner dies, their assets go into the trust written into your will to be ringfenced for the benefit of family members. This means that the local authority, divorce courts and any other creditors can’t touch them.
Your surviving spouse will have limited access to assets, but you can set it up so they are provided for and can remain living in the family home. You can also give trustees the flexibility to release funds for specific purposes, such as helping a grandchild buy their first home or start a business.
The benefit of having a grandparent will over a standard will is that it is more flexible. It allows you to keep up with changing circumstances and events without changing your will. It is easier to adjust the terms of the trust fund as laid out in the letter of wishes than to completely redraft a new will.
Rowlinsons solicitors can advise on the best way to use wills and trusts to protect your family’s assets. We’ll be by your side to help you navigate any changes that might affect your will.
Be there for them even after you’re gone
Things can get complicated very quickly if you have not put the right steps in place for the future, especially if the surviving spouse remarries someone who already has children. A Grandparent Will means you can secure at least half of your jointly held assets for the benefit of your family after your death.
If you want to make lifetime provision for your surviving partner and guarantee that your children and grandchildren are the ultimate beneficiaries, get in touch with our Wills, Trusts and Estate Planning team today.
Contact our Grandparent Will Writing Solicitors
If you are a grandparent looking to plan ahead to ensure your grandchildren receive the inheritance they deserve, you need the support of leading legal experts. Ever-changing circumstances, legislation, and tax can all play a role, and your family could receive a fraction of what they should. With the support of our Grandparent Will Solicitors in Cheshire, you can draft a strong plan that ensures your wishes are carried through after you're gone.
Rowlinsons' team of Solicitors in Cheshire are based in Frodsham and Runcorn (Sutton Weaver). Our Will Writing Solicitors have helped countless individuals, businesses, and families to achieve strong plan that adapt to new circumstances while ensuring wealth and assets are protected, and are delivered to the right family members. Client care is our priority: we always work alongside our clients to ensure we build tailored plans that work for you.
Rowlinsons Solicitors is proud of the excellent level of service we provide, highlighted by prestigious awards such as a Commendation at the British WIlls and Probate Awards 2023.
We cover the Northwest region, including St Helens, Widnes, Warrington, Chester, and Northwich, as well as the whole of England and Wales.
Call us today for an initial no-obligation call, or click here for a callback. We also have meeting facilities in North Wales for family law clients.