Will Writing - Lasting Power of Attorneys - Specialist Trusts
Last Will & Testament
People assume that if they die without a Will their partner will inherit their estate, this is not necessarily the case. Making a Will is the only way to protect your family and give you peace of mind. Should you die intestate (without a Will) the Courts will effectively write your Will for you. You will have no control over where your assets go - assets you have worked hard for and have the right to protect could end up going to the people you did not want to benefit. They will demand that your estate is distributed in accordance with their own strict rules. One of your children or an ex-partner could legally challenge your partners right to inherit your estate leaving your family facing many legal complications, delays and additional costs.
Without a Will
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The law treats unmarried couples as a single person meaning your partner is likely to get nothing.
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If you are now married and you have children from a previous relationship they may get nothing.
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It increases the uncertainty of your grandchildren not inheriting that special gift and/or money that you wanted them to have.
With a Will
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You will be able to appoint someone/people you trust to be the executors in distributing your estate as per your final wishes including who you would like the residue of your estate to be left to, avoiding extra delays and costs associated from using banks and solicitors.
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If you are a property owner you will be able to specify who you would like to inherit your property or live in it when you have passed away. You can also consider protecting your share against possible care costs.
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You will be able to make stipulations as to what age you would like your beneficiaries to inherit (up to 25) and even add a ‘Spendthrift Clause’ if you want to be really careful.
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You can make gifts of: businesses, pets, cash legacies, chattels and property.
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You will be able to appoint guardians (for children under 18).
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You can make funeral requests and organ donation requirements.
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.......... and even make gifts to pets.
The reality is EVERYONE needs to make a Will
What should I do now?
Click here to schedule a FREE consultation. We are happy to advise and can act on your behalf for a significantly lower cost than a solicitor would charge to achieve exactly the same outcome.
