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At SLS Wills and More, we understand that estate planning isn’t just about distributing assets to beneficiaries. It’s also about addressing the unique challenges that our loved ones may face, such as addiction. If you have a family member or friend struggling with addiction, you may be concerned about providing for them without enabling their habit. In this article, we will explore responsible ways to support someone with addiction in your Will without gifting them large sums of money. This article is similar to our recent article about supporting and providing for vulnerable beneficiaries. The Challenge of Addiction According to the GOV website, there were 289,215 adults in contact with drug and alcohol services between April 2021 and March 2022. There are many more that don’t consider their situation to be a ‘problem’ but many whose actions have the potential to cause family rifts etc. Addiction can be a devastating and complex issue, affecting not only the individual but also their family and friends. When you want to ensure that your loved one receives the necessary support while also safeguarding their well-being, a carefully crafted Will can make all the difference. Avoiding Enabling Behaviour It’s essential to avoid enabling addictive behaviours when planning your estate. Gifting a lump sum of money to someone battling addiction can potentially exacerbate their problems rather than helping them. This doesn’t strictly mean giving money to a gambler… Here are some responsible alternative behaviours to consider: 1. Setting Up a Trust Consider establishing a trust in your Will, such as a Discretionary Trust or a Vulnerable Beneficiaries Trust (VPT), as previously discussed. These trusts allow you to appoint trustees who can make financial decisions on behalf of the beneficiary, ensuring that the funds are used responsibly. 2. Providing for Specific Needs We wouldn’t recommend including conditions within the Will itself, instead we would normally suggest these go in the Letter of Wishes because the beneficiary may come clean during testators lifetime, so it might be possible for the testator to update their letter of wishes. 3. Appointing a Trustee Appointing trusted individuals or professionals as the trustees of the trust ensures that someone responsible manages the funds. These trustees can make informed decisions about when and how much money should be distributed to the beneficiary, taking their best interests into account. A Fictional Example Let’s consider the case of John, a father who is deeply concerned about his daughter, Emily, who has been battling a substance addiction for several years. John wants to provide for Emily’s future without enabling her addiction. Here’s how John’s Will can help: 1. Establish a Discretionary Trust: John decides to create a Discretionary Trust within his Will. He appoints his sister, Sarah, as the trustee, knowing that she will act in Emily’s best interests. 2. Specify Conditions: In the trust document, John outlines specific conditions for distributions. He specifies that funds from the trust can only be used for Emily’s rehabilitation, medical treatment, and educational pursuits. 3. Periodic Reviews: John includes provisions for Sarah, the trustee, to conduct periodic reviews of Emily’s progress. This ensures that Emily is making positive steps towards recovery before receiving further financial support. With this approach, John can provide Emily with the support she needs for her recovery journey, without the risk of enabling her addiction. How SLS Wills and More Can Assist SLS Wills and More offers comprehensive estate planning services in England and Wales, including specialised support for situations involving addiction. Our experienced team can guide you through the process of setting up a responsible and effective Will that takes your loved one’s unique circumstances into account. In conclusion, it’s possible to provide for a loved one battling addiction in your Will without gifting them large sums of money that may worsen their situation. By establishing a trust, specifying conditions, and appointing trusted trustees, you can ensure that your support contributes to their recovery and well-being. To explore your options and create a responsible estate plan, reach out to SLS Wills and More today. Your loved one’s future is worth protecting, and we are here to help. Tom Stansfield https://www.lincolnshiremarketing.co.uk

At SLS Wills and More, we understand that planning for the future involves much more than just preparing a simple Will. It’s about ensuring that your loved ones are taken care of, even in the face of unforeseen challenges. One essential tool that can provide that extra layer of protection is a Vulnerable Beneficiaries Trust or Vulnerable Persons Trust (VPT). In this article, we will explain what a VPT is, how it works, who might be considered “vulnerable,” and how SLS Wills and More can assist you in setting up this crucial trust. What is a Vulnerable Beneficiaries Trust (VPT)? A Vulnerable Beneficiaries Trust or Vulnerable Persons Trust, often abbreviated as VBT or VPT, is a specialised trust established within your Will (a Will-based trust). It is designed to provide financial support and protection for individuals who may be considered vulnerable due to a variety of circumstances, such as physical or mental disabilities, addiction issues, or other challenges that may impact their ability to manage their finances independently. Identifying Vulnerability Determining who qualifies as a vulnerable beneficiary is a crucial aspect of setting up a VPT. Vulnerability can manifest in many ways and may include individuals with: 1. Physical or Mental Disabilities: Beneficiaries who have physical disabilities or mental health conditions that prevent them from making sound financial decisions. 2. Substance Abuse Issues: Individuals struggling with addiction may not have the capacity to handle financial matters responsibly. 3. Age-Related Vulnerability: Elderly beneficiaries who may be susceptible to financial exploitation or diminished capacity as they age. 4. Other Life Challenges: Beneficiaries facing other life challenges, such as chronic illness or financial instability, that may affect their ability to manage inheritances. Safeguards Provided by a VPT A Vulnerable Beneficiaries Trust offers several key safeguards: 1. Financial Protection: The trust ensures that the beneficiary’s inheritance is used for their benefit, providing peace of mind that their needs will be met. 2. Professional Trustees: VPTs can involve appointing a professional trustee, such as a solicitor or financial advisor, who can make informed decisions on behalf of the vulnerable beneficiary. You can choose someone you trust to make decisions about the fund/assets. 3. Control and Management: The trustees can make decisions about how the funds are used, ensuring they are allocated responsibly and appropriately in the best interests of the vulnerable party or parties. 4. Preventing Exploitation: VPTs help safeguard vulnerable beneficiaries from potential exploitation or mismanagement of their inheritance. How Does a VPT Work? A Vulnerable Beneficiaries Trust is established within your Will and comes into effect upon your passing. Here’s how it typically works: 1. Identification of Vulnerable Beneficiary: You specify the individual or individuals you consider vulnerable and who you would like to benefit in your Will. 2. Appointment of Trustees: You appoint trustees (someone or people you trust) who will manage the trust and make financial decisions on behalf of the vulnerable beneficiary. 3. Trustee’s Discretion: The trustees have the discretion (it’s a form of Discretionary Trust) to use the trust funds to benefit the vulnerable beneficiary as they see fit, taking into account the beneficiary’s needs and best interests. 4. Periodic Reviews: The trust may include provisions for periodic reviews to ensure that the beneficiary’s circumstances are accurately reflected in the trust’s management. An Example Imagine Sarah, a loving mother, who has a son named James with a severe developmental disability. Sarah is concerned about what will happen to James when she’s no longer around to care for him. She wants to ensure that he has the financial support he needs throughout his life. Sarah decides to set up a Vulnerable Beneficiaries Trust within her Will. In the trust, she appoints trusted friends as the trustees, who will oversee James’s financial affairs when she’s gone. Sarah specifies that the trust funds should be used exclusively for James’s well-being, including his medical care, education, and any other necessities he may require. With this trust in place, Sarah can rest assured that James will be looked after and protected, even after she’s no longer there to do so herself. How SLS Wills and More Can Help At SLS Wills and More, we understand the importance of safeguarding your loved ones, especially those who may be vulnerable. Our experienced team of professionals can assist you in setting up a Vulnerable Beneficiaries Trust as part of your comprehensive estate planning strategy. We’ll work closely with you to understand your unique circumstances and ensure that your loved ones are provided for, no matter what the future may hold. In conclusion, a Vulnerable Beneficiaries Trust is a powerful tool that can provide essential protection and support for vulnerable individuals in your life. Whether you have a family member with special needs or are concerned about the well-being of a loved one facing challenging circumstances, a VPT can offer peace of mind. To learn more about how SLS Wills and More can help you establish a Vulnerable Beneficiaries Trust, please don’t hesitate to contact us. Your family’s future security is our priority.

In the heart of Kent, nestled in the picturesque village of Aylesham, you’ll find the headquarters of SLS Wills and More. But our reach extends far beyond these charming confines. While our roots may be firmly planted in Kent, our commitment to providing top-notch legal services isn’t restricted by geographic barriers.. From the tranquil streets of Aylesham to the bustling heart of London, we’re here to serve you. Our clients hail from various corners of the England and Wales, not just the South East., We have clients in Hounslow and the outer West London area. (We have clients in the ‘TW’ postcode area). We pride ourselves on offering comprehensive coverage that spans from the leafy lanes of Chiswick to the bustling terminals of Heathrow Airport. We understand that quality legal advice isn’t always easy to come by in these areas, which is why clients trust us to provide accessible, expert assistance. What Sets Us Apart? You might wonder, “Why do clients choose SLS Wills and More over other firms?” The answer is simple: our reputation for excellence precedes us. Don’t just take our word for it; hear it from our clients themselves. One satisfied client shared, “One client instructed me and not someone ‘local’. He told me that it is hard to find our service in his area and just not accessible/quality advice.” This testimonial speaks volumes about the trust our clients place in our expertise, even if faced with local options. Another client commended us, saying, “Very professional service. Thank you for assisting in an efficient but friendly manner.” We take pride in our professionalism and the friendly, approachable manner in which we assist our clients. Client Testimonial: A Bespoke Service That Delivers Perhaps one of the most compelling endorsements comes from a client who shared their journey with us, beginning in 2022 and extending into June 2023: “[Original 2022 post with June 2023 update added] Sara provided an excellent bespoke service, well suited to my specific needs. So far I have used her services twice – once for a will and once for a specific legal document relating to inheritance. In both cases, the introductory meetings were informative, relaxed and unhurried and were used to gather all the relevant details which were required for the respective documents, which were then delivered in a timely manner. Whenever I had any questions or concerns, Sara always responded promptly. The will was also accompanied by detailed and useful explanatory notes, together with helpful suggestions for further steps and actions. The charge for this service was very reasonable. Sara’s knowledge, experience and expertise meant that she was the right choice to deliver what I needed. I will definitely be using her services again and can thoroughly recommend her. Update – June 2023: I have now also used Sara to put in place my Lasting Powers of Attorney for both ‘Property and Financial Affairs’ and ‘Health and Welfare’. Once again, her service was excellent. The LPAs were tailored to my specific needs and the whole process went through smoothly. I continue to recommend her services and am delighted to do so. Paul J.” This testimonial illustrates the enduring trust our clients have in us and our ability to provide tailored, high-quality services that evolve with their changing needs. Your Path to Peace of Mind At SLS Wills and More, we understand that discussing matters like estate planning and Wills can be daunting. That’s why we want to assure you that when you reach out to us, you won’t be met with a high-pressure sales pitch. Instead, you’ll receive a warm welcome and a commitment to answer any questions you may have. If you’re considering making a Will or delving into the intricacies of estate planning, take the first step towards peace of mind. Contact us today for a free consultation. Our mission is to empower you with knowledge and guidance, ensuring you make informed decisions about your future without any fear or worry of ‘being sold to.’ We’re here to help you navigate the path to a secure and worry-free tomorrow. It simply starts with a conversation: 01304 577998.

Estate planning isn’t something that lots of us want to think about but it’s a right that often requires careful consideration and expertise. In the United Kingdom, estate planning is shaped by the unique legal systems of its constituent countries, with notable distinctions between Scottish law and English succession law. Additionally, when individuals possess assets in different jurisdictions, such as France, it becomes imperative to understand the intricacies of each legal framework to ensure that one’s wishes are upheld and assets are passed on smoothly. In this article, we will explore the differences between estate planning in various jurisdictions, emphasising the significance of having wills in place, especially where immovable assets are involved. Understanding Jurisdictional Differences 1. English and Welsh Succession Law: In England and Wales, estate planning is guided by a principle known as “testamentary freedom.” This means that individuals have a considerable degree of autonomy in deciding how their assets should be distributed upon their death. This freedom allows you to choose beneficiaries, allocate assets, and even specify conditions for inheritance. However, if one fails to exercise this right by creating a valid will, their assets will pass according to the laws of intestacy. 2. Scottish Law: In Scotland, the legal landscape differs substantially from that of England and Wales. The concept of “testamentary freedom” is less pronounced, and the law imposes certain legal rights on spouses and children, which limit the extent to which an individual can disinherit them. As a result, estate planning in Scotland may involve more complex considerations to ensure that your wishes are realised. 3. French Succession Law: When dealing with immovable assets abroad, such as property in France, it’s essential to understand the local succession laws. French succession law follows the principle of “forced heirship,” meaning that a portion of an individual’s estate must be reserved for certain close relatives, such as children. This may limit your freedom to distribute assets as you see fit. To navigate this, it is advisable to seek legal advice and consider creating a separate will for assets located in France. Importance of Having Wills for Immovable Assets An immovable asset, as the term suggests, refers to a property or real estate that cannot be moved. This includes land, buildings, and any fixed structures on the land. When you own immovable assets in different jurisdictions, ensuring their smooth transition to your chosen beneficiaries becomes crucial. 1. Maintaining Control: Having a will in each relevant jurisdiction allows you to maintain control over the distribution of your immovable assets, even when local laws may impose restrictions. It ensures that your wishes are respected and minimises potential conflicts among heirs. 2. Reducing Legal Complications: Without a valid will in place, the process of transferring immovable assets across borders can become cumbersome and legally complex. By proactively addressing these issues in your will, you can streamline the process for your beneficiaries. What does this all mean? Estate planning is not a one-size-fits-all endeavour, particularly when dealing with assets in different jurisdictions. The differences between Scottish and English succession laws, as well as the unique aspects of French succession law, highlight the importance of tailored and expertly crafted wills. To make the most of your testamentary freedom in England and Wales and ensure your immovable assets are managed efficiently worldwide, consult with a legal professional well-versed in international estate planning. By doing so, you can safeguard your assets and provide for your loved ones in accordance with your wishes, regardless of where those assets are located.

When it comes to legal documents, they rarely make for glamorous reading but Wills hold a unique and often poignant significance. They are the tangible expression of one’s final wishes, serving as a legacy and a guide for loved ones. At SLS Wills and More, a leading specialist Will writing firm based in the south of England (with a head office in Aylesham but covering South London and the South East, we understand the importance of creating Wills tailored to our clients’ needs. Today, we delve into the intriguing world of Wills, exploring the longest and shortest Wills ever recorded. The Lengthy Epic: The Guinness World Record Holder The Longest Will in the World The title for the longest Will in recorded history belongs to Frederica Evelyn Stilwell Cook, an Englishwoman who passed away in 1924. Her remarkable Will stretched to a staggering 1,066 pages, comprising more than 95,940 words. Mrs. Cook’s extraordinary document was not a mere list of possessions and beneficiaries, but a detailed account of her personal history, philosophies, and memories. Her Will included intricate descriptions of her travels, relationships, and the experiences that shaped her life. It featured heartfelt anecdotes, letters, and even a poem composed by Mrs. Cook herself. Her Will’s extraordinary length was a testament to her desire to leave behind not just her assets but also her life story. It took the legal community several years to decipher and execute her wishes fully. This would have come at considerable expense to the estate and is one downside to the length of the document. While Mrs. Cook’s Will is an exceptional case, it reminds us that Wills can be more than just legal documents; they can be a legacy in themselves. The Pithy Record: The World’s Shortest Will The Shortest Will in the World On the opposite end of the spectrum, we find the world’s shortest Will. In 1906, Frederick Handel, a renowned English composer, and musician, left behind a will that has gone down in history as the briefest ever recorded. It consisted of a mere three words: “All to wife.” Handel’s succinct Will could be argued that it left no room for ambiguity. His intentions were clear: he wanted his entire estate to go to his wife, Ann. This minimalist approach to estate planning might seem unconventional, but it demonstrates that a Will need not be lengthy to be effective. In fact, a concise and unambiguous Will can often prevent disputes and ensure a smooth distribution of assets. Naturally, professional advise is always advisable. Crafting Your Own Unique Will with SLS Wills and More While your Will may not need to break any records for length or brevity, it should reflect your individual wishes and circumstances. At SLS Wills and More, our experienced team of specialists understands that each person’s situation is unique, and we are dedicated to helping you create a Will that suits your needs perfectly. Whether you envision a detailed expression of your life’s journey or a straightforward distribution of assets, we are here to guide you through the process. Our goal is to ensure that your final wishes are legally sound and comprehensively addressed. In conclusion, the world of Wills is a fascinating one, with records ranging from the extensive to the concise. Frederica Evelyn Stilwell Cook’s epic will and Frederick Handel’s succinct testament are just two examples of the diversity of Wills that exist. At SLS Wills and More, we encourage you to consider what matters most to you when crafting your will. Regardless of its length, your Will should be a true reflection of your unique legacy. For expert assistance in creating your Will, contact SLS Wills and More today. We are your trusted partner in estate planning, serving the south of England with dedication and professionalism.

Building Trust and Lasting Relationships: The SLS Approach to Estate Planning When it comes to the intricate matters of estate planning and will writing, choosing the right partner can make all the difference in ensuring your wishes are carried out and your loved ones are taken care of. In a field where expertise and trustworthiness are paramount, SLS Wills and More, based in the heart of Kent but serving clients across England and Wales, stands out as a beacon of experience and integrity. With over 35 years of dedicated service in estate planning, Sara, the founder of SLS Wills and More, is not just a practitioner; she is a seasoned expert. Holding the esteemed title of a fully qualified Society of Trust and Estate Practitioners (STEP) member, her proficiency and acumen in this domain are indisputable. This qualification underscores her commitment to upholding the highest standards of professional excellence. Sara’s dedication to her craft and the clients she serves is evident not only in her credentials but also in her deep-rooted involvement in industry bodies and associations. Her distinction as a Fellow of the Society of Will Writers (SWW) signifies her standing in the community. As a regional representative for the SWW and a vital member of its Professional Standards Board, Sara is at the forefront of shaping and upholding the best practices within the industry. At SLS Wills and More, the philosophy isn’t just about drafting documents; it’s about nurturing relationships. This approach is a refreshing departure from the prevalent ‘stack it high, sell it cheap’ model that reduces vital life decisions to mere transactions. Here, clients are treated as individuals with unique circumstances, concerns, and aspirations. The focus is on the long term – not just a one-off interaction, but a journey of trust that may span decades. One of the key aspects that set SLS apart is their holistic approach to estate planning. While the initial interaction may revolve around drafting a will, this is merely the starting point. As life evolves and circumstances change, SLS stands by its clients, ready to provide continuous support and guidance. Whether it’s addressing new additions to the family, changes in financial status, or modifications to personal preferences, the team at SLS ensures that the estate plans remain current and reflective of the clients’ evolving needs. Sara’s role as a tutor for the College of Will Writing further exemplifies her commitment to knowledge dissemination and raising industry standards. This dedication to education is not only a testament to her expertise but also an assurance that her clients receive the most informed and up-to-date guidance in their estate planning journey. Choosing an estate planning partner shouldn’t be solely about cost considerations; it should be about securing the future with unwavering confidence. SLS Wills and More embodies this philosophy, standing as a testament to the fact that expertise, integrity, and relationship-building should be the cornerstones of any estate planning endeavour. As Sara and her team continue to guide clients through the intricacies of will writing and estate planning, one thing remains clear: SLS Wills and More isn’t just crafting documents; they’re weaving a tapestry of trust and care that endures across generations. When it comes to safeguarding your legacy and the well-being of those you hold dear, SLS Wills and More is a name you can trust.

Ensuring Your Legacy: The Power of Referrals and Family Bonds in Estate Planning In the realm of estate planning, where the delicate balance of legal intricacies and personal wishes converge, SLS Wills and More has carved a remarkable niche. Operating with the finesse of a bespoke tailor, we understand that beyond the paperwork, estate planning is about safeguarding your legacy and providing peace of mind to your loved ones. A significant portion of our clientele comes through referrals, a testament to the trust and satisfaction our clients place in our services. Referrals: The Foundation of Trust Referrals are the cornerstone of SLS Wills and More’s success story. In an age where reviews and recommendations can make or break a business, the fact that our clients are keen to refer friends and family to us speaks volumes about the quality of service we provide. A referral is more than just a transaction; it’s a vote of confidence, a personal endorsement that underscores our commitment to excellence. Knowing that our clients entrust their loved ones’ futures to us drives us to continually raise the bar. Extending the Circle: Writing Wills for Friends and Family It’s heartening to note that a significant part of our practice revolves around writing wills for the friends and family of our clients. This speaks to the deep-rooted relationships we build with our clients, relationships founded on trust and a shared understanding of the importance of securing one’s legacy. As the legal guardians of your testamentary wishes, we understand the gravity of the responsibility we undertake. Whether it’s crafting a will for a close friend or a cherished family member, our commitment remains unwavering. Why Make a Will? The importance of making a will cannot be overstated. A will isn’t just a legal document; it’s a means to express your wishes and provide clear directions for the distribution of your assets. It ensures that your loved ones are not left grappling with uncertainties during a time of grief. A will allows you to: 1. Protect Loved Ones: A well-constructed will provides for your family’s financial security, ensuring that they’re taken care of according to your wishes. 2. Avoid Legal Hassles: A properly drafted will can help minimize legal disputes and conflicts among family members. 3. Direct Assets: With a will, you have the power to decide who inherits your assets, ensuring that your possessions are distributed in line with your intentions. Booking Your Estate Planning Conversation At SLS Wills and More, we understand that discussing matters of inheritance and legacy can be emotionally charged. That’s why we’ve created a welcoming environment where you can openly discuss your estate planning needs. To book a consultation with us, you can reach out through our website or give us a call. While there might be a short waiting list to speak with our esteemed consultant, Sara, rest assured that we have a dedicated team of consultants who share the same “client first” ethos, ready to guide you through the process. Your Assurance: SWW Insurance We take your peace of mind seriously. All clients of SLS Wills and More are covered under the SWW insurance that we hold. This added layer of protection ensures that your wishes will be honoured, and your loved ones will receive the support they deserve, even in unforeseen circumstances. In conclusion, at SLS Wills and More, we stand as both architects of legacies and stewards of trust. The referrals we receive and the bonds we foster with clients and their families are testament to the integrity and quality of service that define us. As you embark on your estate planning journey, we’re here to guide you, to listen to your unique story, and to help you craft a future that resonates with your values and aspirations.

There have been some significant changes to statutory gifts and in this short article, we’re going to explain then, and what they mean to you and your estate planning. On July 26th, a significant change in statutory legacy gifts took effect, increasing the amount from £270,000 to £322,000. A statutory legacy gift refers to the portion of an individual’s estate that is legally protected and reserved for their close family members, usually their spouse or civil partner, and is effective where an intestacy occurs. This simply means when someone dies without a Will. The increase from £270,000 to £322,000 means that now, if an individual passes away without leaving a Will, a larger sum of their estate will automatically be granted to their surviving spouse or civil partner. This change aims to provide greater financial protection and security for widowed partners, ensuring they receive a more substantial portion of their deceased loved one’s estate. By raising the statutory legacy gift amount, the government seeks to reflect the changing economic landscape and the increasing costs of living, enabling surviving partners to maintain a higher standard of living and potentially easing financial burdens during a difficult time. This adjustment in statutory legacy gifts is likely to have implications for inheritance distributions and legal considerations in cases of intestacy, offering more significant benefits to surviving spouses or civil partners in the event of their partner’s death without a valid Will. If this doesn’t reflect your wishes, we advise that you book in an appointment to discuss your estate planning with us. We’ll talk to you about what could stand in the way of your wishes being carried out and explain how a Will could provide greater flexibility as to how your estate can be distributed helping you to remain in control. This is the new intestacy flowchart reflecting these changes and demonstrating what could happen should you pass away without a Will. Should you have any questions, please let us know: