Wills & Estate Planning

Wills & Estate Planning - Essential Financial Planning for Peace of Mind

A will is a written declaration of an individual’s wishes regarding what needs to be done after they have died in terms of how their assets has to be allocated and the estate distributed.

The person who makes a will is called a Testator and can cancel or modify the will at any time. In the event of marriage, remarriage or entering into a civil partnership, an existing will is automatically revoked, unless specifically written in contemplation of the change of status.

The individuals designated to distribute the estate of someone who has died are known as the personal representatives and executors of the will. However, before the executor is to distribute the estate, they must apply for a grant of probate, which gives them legal authority to undertake the testator’s instructions, as per the will.

Where there is no will, usually a spouse or other close relative acts as an administrator and applies for the grant of letters of administration, rather than probate. The administrator’s responsibility is to deal with the estate as prescribed by the rules of intestacy. The distribution of the estate of a person who has died without a will or will is invalid is determined by a complex set of rules known as the rules of intestacy and these rules are very specific.

In several instances the distribution of the assets may not be as the deceased would have wished and the common misconception is that a surviving spouse or civil partner will receive the whole estate.

Hence, Will writing is extremely important tool in order to have control over an estate, hence a very essential aspect of financial planning.

Get in touch with us so we can assist you with your custom requirements.

What our past clients have said

As first-time buyers me and my husband were really unsure and sceptical about the whole process of buying a house. But we were relieved from that tension when we met Prasanna. Prasanna helped us at every stage of this process, from securing the best home loan to guiding through every step till we got the possession of our house. Every little query we use to turn to him and he never disappointed us. He was always a call away very patiently answering all our questions and clearing our doubts. He also made sure we understood what all options we had and advised us to choose the best ones from the available loans. He was always on the same page with us, when deciding what will work out best for us. I wouldn't hesitate to recommend Prasanna and Prism Mortgages to everyone. We will be definitely using his services again. Thanks again for all the support and expert advice.
Shweta Tandel & Sateesh Tandel. Durham, England.
I highly recommend Prism Financial Service for Mortgage and Life Insurance Cover. Their staff members are friendly, approachable and always available on phone. I did my mortgage and life cover with them and it was quick and hassle free. Thank you Rajesh, Pravin and Prasanna for your support.
Nilotpal Mandal. Slough, England.
Prasanna and the team at Prism finances have been very proactive and extremely helpful in find us the right mortgage provider to remortgage our home. Prasanna's tireless effort and constant involvement was very commendable and impressive. We would highly recommend him
Mr. & Mrs Joshi. Leicester, England.
Pravin, thank you very much for making a consolidated life cover for me and my wife. We are very happy the way you dealt with amending the life cover, critical illness cover and mortgage protection cover, to suit our requirement and budget. We wish you all the very best for future.
Nitin & Parul Dobhal. Glasgow, Scotland.
Prasanna and his team at Prism have been amazing and very helpful in every aspect of mortgage process. Prasanna guided me through whole process and able to find us mortgage better than what we were hoped for. Prasanna also gave us financial advice which helped us to obtain two mortgages at the same time. I was able to complete everything over the phone. Very approachable and reliable. We will highly recommend Prasanna and his team.
Anson & Olivia Dias. Nottingham, England.
Prism Financial Services helped me get my dream home. As this is our first home, we were not sure with process and time involved. Pravin Singh, his confidence and approach made the process like a pleasant journey which once looked like a mountain. He always stood by us with his vast experience and informed advice. I am now living happily with my family in our new home. Thank you, Pravin & Prism Financial Services.
Ajit Kaur. London, England.
Why choose Prism Financial Services?
Our clients choose to trust us over the competition because of the way we conduct our business.
We provide our services to suit you, whether face to face, telephone or email
We search the whole market to ensure we find the right mortgage for you
We continue to monitor the market place and will keep you updated on opportunities
We provide access to your own Client Portal for secure messages and document uploads
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

Prism Financial Services is a trading style of Prism Global Services Ltd - FCA reference number is 937225, an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority, registered in England and Wales no. 09832887, registered address: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH.

Prism Global Services Ltd trading as Prism Financial Services is registered in England and Wales no. 12331294

Some forms of Buy to Let Mortgages are not regulated by the Financial Conduct Authority

Conveyancing, Wills, Estate Planning and Commercial Mortgages are not regulated by the Financial Conduct Authority.

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

We charge a fee of up to 1% of the mortgage amount, for our service in relation to mortgage contracts.

Speak to Us
0208 1080 266
Prism Financial Services
Head Office:
Floor 3, Block A Room 20
50 Salisbury Road
London
England
TW4 6JQ
Click here to get details of our office in the Midlands