Today Abacus Wills & Trust, a company that provides assistance in writing wills, celebrated their move to Abacus House, and local MP Keith Vaz was present to cut the ribbon and declare the office open. The opening ceremony was attended by around sixty people and the MP was impressed with the work of the company and pleased to be part of the proceedings.
Tehsin Aslam, the company’s Chief Executive, sees the expansion as extremely beneficial to the Leicester community, as it generates business in the creation of jobs – there are now 15 full-time staff and 15 consultants; a big step since she started up in 2000 in a one room office.
As well as providing economic gains, an important aspect of the company is Ms Aslam’s passion for raising awareness in the Asian community about the need to make a will. She stressed that “97% of British Asians do not make a will”, adding that “because of the old-fashioned mind-set where money and possessions were handed down verbally, many people in this country don’t realise the implications of Inheritance Tax.”
Her son Saad manages the office, as she spends a lot of time out in the community, both locally and nationwide, spreading her message in the hope that people will protect their money more wisely. She educates people the importance of making a will and it is likely that with developments such as today, she will be able to provide a valuable service to many more as the company continues to grow.