Client wills: Ten important questions advisers should be asking

Ten important questions advisers should be asking

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Advisers should encourage clients to regularly review their wills, writes Tony Mudd. Here he outlines ten key points which could prompt clients into action

The Law Society has found that 60% of the population currently doesn't have a will. No doubt some clients will fall into that category and it isn't something they should take lightly. There is a long list of inheritance tax (IHT) issues that could affect their relatives should the worst happen. However, even if your clients are on top of their estate planning, it is not advisable for them to rest on their laurels. As life and circumstances change, clients need to revisit their wills on a regular basis, to ensure it still reflects their wishes. There are also a number of situatio...

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