Why it matters
Die without a will and the law decides who inherits — rarely how you'd choose. Offering wills and estate planning as a benefit is also a thoughtful, low-cost way to look after your team.
Financial guidance
Wills & estate planning for you and your team
Running an organisation that outlives you is second nature — the same thinking applies to your own affairs. This guide explains wills, Lasting Powers of Attorney and estate-planning basics for you and your team.
The short answer
Everyone should have a will and a Lasting Power of Attorney. Estate-planning specialists can help you and your people put in place wills, LPAs, trusts where appropriate and inheritance-tax planning — so personal affairs are as well-run as the cause. (Some of these services are not FCA-regulated.)
The basics
In plain English
- Wills — so your wishes, not intestacy rules, decide
- Lasting Powers of Attorney (finances and health)
- Trusts, where genuinely useful
- Inheritance-tax planning and reliefs
- A benefit you can extend to your team
How to get regulated advice
If and when you want it
- 1Understand the basics
This page explains, in plain English, what this area involves — so you know the questions worth asking.
- 2Find an authorised adviser
Regulated advice can only come from an FCA-authorised firm. You can search the FCA register, or ask us for an introduction to Equity & General, the firm we have an introducer agreement with.
- 3No obligation
Any introduction is optional and free. If you go on to take advice, the adviser explains any fees before anything goes ahead.
Common questions
Straight answers
Do I need a will?
If you have any assets or people you'd want to provide for, yes — otherwise intestacy rules decide. A specialist can make it straightforward, and it can be offered to your team too.
What is a Lasting Power of Attorney?
A legal document letting someone you trust act for you if you lose capacity. Far easier to set up while you're well. It can be arranged alongside a will.
Can this be an employee benefit?
Yes — offering will-writing and estate planning to staff is a valued, affordable benefit. It can be structured for your organisation.
General information only. This page explains a topic in general terms. It is not advice, a personal recommendation or a financial promotion, and it does not invite or encourage you to buy any product or service. Everyone's circumstances are different.
Regulated financial advice can only be given by a firm authorised by the Financial Conduct Authority — you can find one on the FCA register (register.fca.org.uk). Buzz Accounting is not authorised to give regulated financial advice. We have an introducer agreement with Equity & General (E&G), authorised and regulated by the FCA (No. 474163); if you would like, we can introduce you — that is entirely optional and there is no obligation.
The value of investments and any income from them can fall as well as rise, and you may get back less than you invested. Your home may be repossessed if you do not keep up repayments on a mortgage. Tax treatment depends on your individual circumstances and may change. Will-writing, trusts and some estate-planning services are not regulated by the Financial Conduct Authority.
