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Wills All persons who purchase property solely or jointly in their own names or other assets in the UK should always consider making a UK will and/or effecting a UK Power of Attorney if relevant. Even though a will may have been made outside the UK there could be a conflict in law between the UK and the country of domicile. The making of a UK will could have a direct impact in respect of any inheritance tax liability and is an essential part of an investor's financial planning. It is always adviseable to draw up, revise or review a UK will after the acquisition of UK property or other assets or to ensure that an appropriate Power of Attorney for investors from certain countries is in place toassist in expediting matters. UK wills shouild also always be reviewed following any changes in UK legislation. |