Joining us in the booth this week is Deborah a practicing Solicitor in England and Wales with over 27 years legal experience, a Certified EU-GDPR Practitioner and a certified Will writer. In this episode we discuss: Why it’s essential that you have a Will How to write a tax efficient Will What happens to your assets if you don’t have a Will The different roles outlined within a Will An overview of how trusts work and much more! 🔗 Connect with Deborah: Website: https://deborahbowerswillwritingservices.com Youtube: https://www.youtube.com/@deborahbowers 📚 Grab a copy of Deborah's book How to write a Tax Efficient Will: https://amzn.to/4dBnuUM ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🎥Watch on Youtube Check out: https://www.youtube.com/savvywallet for the video version 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL Check out our partner who is offering an Instant Savings Account Earning 4.07% AER Variable for your Business: Tide - https://tide.onelink.me/IS48/SavvyWallet T&Cs Apply. Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️ Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 00:00 - Preview 00:52 - Intro 01:25 - Meet Solicitor and Will Writer Deborah Bowers 02:40 - Growing up in St Lucia 05:51 - Working as a crown prosecutor for 9 years 11:37 - Why I started writing wills for people 17:27 - You can put assets in your will that are not yours yet 20:33 - How to save up to 40% inheritance tax! 30:01 - What’s a Will and why you NEED it? 34:05 - The different ROLES in a Will 38:31 - How a will can make you more tax efficient 46:05 - Horror stories about Wills to avoid! 47:39 - Can someone write a will on your behalf? 50:39 - Steps to getting will created today 56:22 - When should you update your will? 57:32 - The different type of trusts? and why you need one! 01:04:36 - How to write a tax efficient will book 01:08:21 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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