Why Estate Planning Matters for Everyone
When many people hear the words estate planning, they think of the very wealthy — those with country homes, investment portfolios, or family businesses. But estate planning is something that affects almost everyone, regardless of wealth.
If you own a home, have savings, or simply want to make life easier for your loved ones, having a plan in place can make a real difference.
What is estate planning?
Estate planning is the process of organising your assets and affairs so your wishes are carried out exactly as intended after your death.
It can include:
- Writing a valid will
- Planning for inheritance tax
- Deciding who should care for children or dependants
- Setting up trusts* where appropriate
- Putting in place lasting powers of attorney for health and financial decisions if you lose capacity
It isn’t just about distributing wealth — it’s about giving clarity, peace of mind, and protection to those you care about most.
Why estate planning is important
- Avoids uncertainty – Without a valid will or clear plan, your estate will be divided according to the UK’s intestacy laws. This may not reflect your wishes and could lead to disputes, confusion, or even your assets passing to the wrong people.
- Reducing stress for loved ones – At an already difficult time, your family will be managing emotional loss. A well-prepared estate plan makes the practical process smoother and less stressful for everyone involved.
- Protecting assets – Even modest estates can be affected by inheritance tax or care fee assessments. Planning ahead can help you protect what you’ve worked for and pass on more to your family.
- Supporting children with special needs – Families with children who have special needs face unique financial challenges. Aetas works with SEND Protect, a support service for families with special educational needs and disabilities, to help parents put the right legal and financial plans in place. By updating your will or setting up a trust, you can safeguard your child’s future and ensure their care is managed as you intend. SEND Protect hosts free financial education events for SEND families — available both in person and online.
It’s not just for the wealthy
Estate planning matters whether your estate is large or small. For example:
- Homeowners – With rising property values, many families are surprised to find inheritance tax applies.
- Parents – You can appoint guardians for your children in your will.
- Couples – Unmarried partners don’t automatically inherit without a will.
- Anyone with savings or a pension – You can specify who should receive them.
In short, estate planning is about making sure your wishes are respected and your loved ones are cared for.
Take control of your future
The good news is that estate planning doesn’t have to be complicated — but it does need to be tailored to your circumstances. A professional adviser can help you make informed decisions, minimise tax, and avoid unintended consequences.Many people assume estate planning begins and ends with a solicitor. However, it requires a specialist approach — and that’s exactly where Aetas comes in. With over 23 years’ experience, our partner specialises exclusively in wills and estate planning, offering clear, practical advice for individuals and families.
Fully qualified, insured, and regulated by the Institute of Professional Will Writers, they provide personal, expert guidance — often more cost-effective than using a solicitor.
Whether you need to write or update your will, protect your assets, or simply gain peace of mind, sometimes all it takes is a fresh pair of eyes – Book a meeting or request a callback from one of our experienced team to review your plans.
A note on trusts
A trust is a legal arrangement that allows assets such as money, property, or investments to be managed by trustees on behalf of chosen beneficiaries — according to your instructions.
Learn more:
The Financial Conduct Authority does not regulate estate planning, tax advice, wills, or trusts.