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Why You Need a Will
Why You Need a Will
Your Will tells everyone what should happen to your money, possessions and property after you die (all these things together are called your 'estate'). If you do not have a Will you have no say over what happens to your estate when you die, and this will cause problems for those you care about most.
It is a common belief that, if you are married or in a civil partnership, your spouse or civil partner will automatically inherit everything you own when you die. In fact, the law sets out rules that determine how your estate is to be divided if you should die without leaving a Will. If you don’t have a Will when you die, your assets will be shared out according to the law instead of your wishes. This can mean they pass to someone you hadn’t intended – it doesn’t matter what your relationship with those people was like when you were alive. The law is intended to be fair but it is unlikely to suit most people.
By leaving a will that says clearly who should get your estate when you die, you can prevent unnecessary distress at an already difficult time for your family or friends.
Preparing a Will is a big step for most people. Choosing the right advisers and having confidence in their advice is vital. That's why we have an established, flexible and proven track record of delivering our home-visit Will writing service. We come to your home or workplace rather than you coming to us – thus saving you travel time and costs. And we come at a time that is convenient for you – this could be during the day or in the evening.
We will work with you to provide tailored advice and ensure the best provisions are made for you and your family for now and in the future.
Estate Legal Solutions advise on the following:
- Mitigating inheritance tax
- How to structure your Will
- Appropriate clauses to be included in your Will to ensure its validity
- The appointment of professional or lay executors to administer your affairs
- The appointment of guardians for any minor children
- The type of Will you should have
- Whether your Will should include some kind of Trust (depending on your circumstances)
- Arrangements for jointly owned property
- Domicile residence and nationality
- Whether your Will should be prepared in expectation of a certain event in the future
- Whether your Will should be backed up by a GP to state that you have the mental capacity to make a Will
- How to sign your Will
- And much more depending on your individual financial circumstances, needs and your age
We can assess your current circumstances and recommend the products that will provide the correct protection for you, your family and your assets. Please contact us for more information.