Making a Will
Everyone should consider whether or not they need a will and then aim to review it at least every five years to see if it needs updating to reflect any changes in their personal or financial circumstances.
Having a Will allows you to decide what happens to your property and possessions. It puts you in control. If you die without a Will your estate will be distributed in accordance with the Intestacy Rules. These rules are old fashioned and can lead to disappointment and injustice.
Did you know?
- If you die without a Will your husband, wife or civil partner may not automatically inherit everything; they may have to share your estate with other relatives such as your siblings.
- If you are not married or in a civil partnership your partner is not automatically entitled to anything.
- If you separate from your spouse, they will stand to receive at least a proportion of your estate if you die before your divorce is fully finalised.
- Marriage or entering a civil partnership will revoke your Will.
You will need to have capacity to make or change an existing Will. If you have dementia you may still be able to make a new Will or change your Will, but you should speak to your GP to check you do have capacity.
Wills using Trusts
Wills can be drafted to include trusts which can provide different levels of protection in a range of circumstances. For example:
- Protecting the inheritance of children from a previous relationship.
- Protecting the inheritance of disabled or vulnerable beneficiaries.
- Reducing the amount of tax paid out of your estate.
- Allowing couples to plan for the payment of future care fees, introducing a level of protection to legitimately reduce the amount you may need to spend on long term care.
- Q. How long does will writing take? Is it a lengthy process?
- Q. Is there anything I shouldn't include in my will?
- Q. Does my Executor need to be involved with the Will writing process?
- Q. What happens if my Will is out of date for some details? E.g. guardianship of children that have grown up.
- Q. Why should I use a solicitor for my Will rather than doing a DIY will?
We pride ourselves on providing Wills that give you complete peace of mind and legal assurance that your wishes will be carried out once you are gone so you know your family will be taken care of.
Contact us today to discuss your individual requirements in further detail, we'd be delighted to help, call our main switchboard on 01603 693500 or email us using 'Make an enquiry' form.
'I can not fault the service I received in regards to changes to my Will - fast, efficient and professional. Thank you!' Client Satisfaction Questionnaire - April 2016
'Jennifer was very professional and advised us well' Client Satisfaction Questionnaire - June 2016
'I was treated very well by friendly, helpful staff. Miss Nash explained everything well and listened to what I required, thank you' Client Satisfaction Questionnaire - June 2016
'Lauren Abs was very efficient. She made a potentially complex topic easily understandable and answered all my questions. Very easy process' Client Satisfaction Questionnaire - July 2016
'Susan Sawyer gave me encouragement and confidence when making my Will, I can't thank her enough' Client Satisfaction Questionnaire - October 2016