MySociety Autumn Edition

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To find out more about Legacy Planning and our trusted Legacy Partners, visit your local branch,
call one of our team on 0345 600 6158 or visit
Will writing & more
Probably the best known reason to
have a will is to specify how your assets
will be divided. You can decide whether
you’ll leave everything to one person,
share it all between loved ones or give
something to a good cause. You can
also plan for other important matters -
for example, if you have children, who
their guardian will be, or if you’re living
with a partner but not married, it can
make sure they’re not left out.
In addition, Estate Administration services
can help with the execution of your will
and a Legal Documents Care Package
can provide safe and secure storage for
your legal documents.
The Skipton Will Writing Service is
provided by Skipton Trustees Limited.
Legal Documents Care Package and
Will Writing Service are administered
by Redstone Wills Limited. Estate
Administration Service is administered
by Pearson Jones plc.
Power of Attorney
Setting up a Power of Attorney means
you can choose someone to make
important decisions about your future
if for some reason you are no longer
able to. You can choose a friend, relative
or professional you trust to act on
your behalf.
Provided by Skipton Trustees Limited.
Funeral Planning
Making your funeral arrangements in
advance is a sensible thing to do. It
means that everything will be taken care
of and makes life easier for your family
at a difficult time.
Pre-paying also makes good financial
sense as funeral costs normally rise
every year.
Provided by Dignity Pre Arrangement
Limited.
Inheritance Tax Planning
More and more people are finding
that they have an Inheritance Tax (IHT)
liability as house prices are rising and
IHT thresholds will stay frozen until 2018.
Without planning, 40% of the value of
everything you own above the threshold
(currently £325,000 per person) would
be due as IHT after you died. A bill that,
in many cases, can be reduced or even
eliminated through careful planning.
Provided by our wholly owned
subsidiary, Skipton Financial
Services Limited, who are authorised
and regulated by the Financial
Conduct Authority.
Any investments recommended as part of the
Inheritance Tax (IHT) planning solution may put
your original capital at risk and any income and
returns from them is not guaranteed and can
fall as well as rise. You may get back less than
you originally invested. IHT thresholds and the
tax treatment of investments depend on your
individual circumstances and may be subject to
change in the future.
What does Legacy Planning include?
I tell every customer about
our No Pressure Promise and
whether they’re dealing with
me, my colleagues, or our
legacy partners, they know that
they will never be pressured.
Peter Jennings,
Senior Customer Adviser
at Leeds Branch
How it works
Legacy Planning begins by sitting down
and talking to one of our expert team
of legacy advisers in branch about the
different options open to you. They’ll go
through everything with you, giving all the
help and guidance you need to put the
right plans in place.
Our Legacy Planning service is provided
through our carefully selected partners
who are experts in their field. We
chose them for the outstanding quality,
experience and value they offer and also
because they share our values.
Together, we’ll make sure you get what’s
best for you. As with all our services, it’s
covered by our No Pressure Promise,
which gives you the freedom to make your
own decisions in your own time with no
pressure whatsoever.
Here to give support
Once your legacy plan is in place, we’ll
be here if you need help or guidance on
any aspect of your plan, or if you want to
update it. Also, when the day comes when
your legacy plan is needed, it’s important
to us that we are there for your family at a
difficult time.