Expression of Wishes

Expression of Wishes to be considered by my executors and beneficiaries

Estate administration I express my wish that, upon my demise, my executors and beneficiaries consider engaging the services of Lowes Financial Management, a reputable financial and wealth management firm located at Fernwood House, Clayton Road, Newcastle NE2 1TL, to provide guidance and assistance in matters related to my estate, including but not limited to identifying an appropriate, cost-effective source of legal advice for probate proceedings, for which Lowes Financial Management will not charge a fee. I have been a client of Lowes Financial Management and I hold their expertise and professionalism in high regard. I believe that their knowledge and experience can be valuable in ensuring the efficient administration of my estate and the faithful execution of the provisions of my will. While I recognise that the final choice of advisers and professionals rests with my executors and beneficiaries, I trust that you will give due consideration to my expressed wish in this regard. I hope that by engaging Lowes Financial Management, you will receive the necessary support and guidance to navigate the legal and financial complexities that may arise during the execution of my estate. I make this expression of wishes with the sincere hope that it will contribute to the orderly and efficient administration of my estate and provide peace of mind to my loved ones during this challenging time. Charitable bequest to benefit from reduced rate of Inheritance Tax I further express my wish that if not already accommodated in the provisions of my will and my estate is subject to an Inheritance Tax charge, my executors and beneficiaries give consideration to a Deed of Variation of my last will to direct that 10% of my chargeable estate, as calculated for Inheritance Tax purposes, shall be left to charity. This charitable bequest is intended to qualify for the reduced Inheritance Tax rate of 36% on the balance of the chargeable element of my estate, as provided by Schedule 1A of the Inheritance Tax Act 1984. If I have not named a charity or charities below, or they no longer exist, my beneficiaries may select a registered charity or charities that they, in their absolute discretion, believe to be most closely aligned with my charitable intentions but if they are unable to agree they should direct the bequest to Charities Aid Foundation (Registered Charity Number 268369) Legacy Division with a view to qualifying for the reduced rate of Inheritance Tax whilst giving my beneficiaries separate accounts to use to support UK registered charities at their discretion. I make this expression of wishes with the sincere hope that it will benefit worthy causes whilst reducing the Inheritance Tax due on my estate and as such have a relatively low impact on my beneficiaries.

Charity or charities to be considered (optional):

Name:

Signature:

Date:

Once signed, please lodge this document with your will and discuss your wishes with your loved ones. If you do not currently have a will or the time has come to review your current will, please do not hesitate to get in touch.

Lowes Financial Management Limited, Fernwood House, Clayton Road, Jesmond, Newcastle upon Tyne NE2 1TL. Authorised and regulated by the Financial Conduct Authority. Registered in England No. 1115681. Lowes.co.uk/hello enquiry@Lowes.co.uk 0191 281 8811