Costly Estate Planning Mistakes to Avoid | London Will Writing
Estate Planning Mistakes That Could Cost Your Family Thousands
Over the last 17 years, we’ve worked with hundreds of families across London and the Home Counties.
Many come to us after a loved one has passed, only to discover that poor planning, or no planning at all—has left their estate vulnerable to delays, tax burdens, or family conflict.
Here are the most common estate planning mistakes we encounter, and how our team at London Will Writing Ltd helps clients avoid them.
1. Not Writing a Will
Without a valid will, your estate will be divided under the rules of intestacy, a rigid legal structure that may not reflect your wishes.
This often results in unintended beneficiaries and can exclude unmarried partners or stepchildren entirely.
Whether you choose our online or in-person service, we ensure your will is legally valid, properly witnessed, and clearly written.
2. Letting Your Will Go Out of Date
Your will should be reviewed regularly, especially after life events such as marriage, divorce, the birth of grandchildren, or the sale or purchase of property.
At London Will Writing, we offer ongoing support so your will stays up to date. Changes can often be made through a codicil or, when necessary, by drafting a new will.
3. No Power of Attorney in Place
A Lasting Power of Attorney (LPA) allows someone you trust to make decisions on your behalf if you become unable to do so.
Without one, your loved ones may need to apply to the Court of Protection, which is costly and time-consuming.
We help clients put LPAs in place for both financial decisions and health and welfare decisions, providing full peace of mind.
4. No Plan to Protect the Family Home
For many, the family home is their most valuable asset. Without proper planning, it can be vulnerable to care fees or become subject to long probate delays.
We specialise in Family Asset Trusts, which help clients ring-fence their property and ensure it passes quickly and securely to loved ones.
This is one of our most requested services, particularly for retired clients or those entering later life.
5. No Inheritance Tax Strategy
Inheritance tax (IHT) can reduce the value of your estate significantly, especially in London and the South East where property values are high.
We provide guidance on gifting strategies, trusts, and the use of the nil-rate band and residence nil-rate band to minimise your estate’s tax exposure.
Speak With Our Expert Team
London Will Writing Ltd is your trusted partner for estate planning.
We serve clients across Hertfordshire, Essex, and Greater London, offering both online and in-home consultations. All services are handled by experienced consultants with a clear, jargon-free approach.
Get in touch today to secure your family's future the right way.
