Making a Will is something that most of us would prefer to put off until another day. However, it is one of the most important things you can do.
It gives peace of mind, knowing that your wishes are made clear about what you would like to happen after you die.
For example, if you have children, it can say who should look after them if you died unexpectedly.
Our Will Services
The most simple form of a Will, this allows you to choose Executors to deal with your Estate, Guardians for your children if under 18 and Beneficiaries of your Estate.
You can also record special requests to do with pets in your Will. It is usually used by someone who is single or not in a long term relationship.
These are two Wills, usually for married couples, unmarried partners and people in civil partnerships who want similar things.
It includes all the features of a single Will.
These Wills can be used to protect assets for future generations.
There are many different types of Trust Wills and we will discuss all the different types of plans and the options available to you and how they can play an important part in providing you with the control and protection you need.
What happens if I don’t have a Will?
If you die without a Will, the Rules of Intestacy decide who will receive your property and possessions. These rules were created back in 1925, so they don’t properly reflect today’s families and modern living arrangements.
The Rules of Intestacy means that you cannot assume that spouses, civil partners and biological children are taken care of as you may wish. There are also no provisons for unmarried partners, step-children, friends, pets and charities.
The Rules of Intestacy may result in your property and possessions being inherited by those you want to inherit them but you will be leaving your family’s future undecided. Without a Will, you’ll be unable to put plans in place for your children. What’s more, you won’t be able to provide for vulnerable beneficiaries or have the opportunity to protect the value of your estate for loved ones in the future.
The importance of having a Will professionally written?
Wills are important legal documents and a badly written or incorrectly worded Will can create even more problems than not having one at all. So it’s important to seek the help and advice of professionals.
People continue to use DIY Packs and self help books to write their Wills but fail to take into consideration how a small mistake made now could be far more costly for their family in the long run.
The importance of keeping a Will up to date?
You may have already written a Will; perhaps when you bought your first house or when your children were young.
However, as a lot may have changed since this Will was written, it may not properly reflect your wishes now. For example, you may now have grandchildren or some of the people mentioned in it may have since passed away or you may now have many more assets.
It’s advisable to review your Will after every significant life change, so it still reflects your wishes. Life events such as marriage or divorce mean that parts of your existing Will (or even all of it) will automatically become invalid making a re-write necessary.
Having a Will means you can:
- Set out what you want the people or charities you care about to receive after you have died
- Legally appoint people you trust to deal with your property and possessions when the time comes; things like cashing in assets, paying debts and giving what’s left to the right people
Protect your assets for future generations