A Will is a legal document, which reflects your wishes and lets you determine who will inherit your assets and possessions after you pass away.
A Will provides details of the following:
These are just some of the reasons to make a Will:
Anyone over the age of 18, as long as they have the understanding of making a Will (this is known as 'testamentary capacity').
We have the expertise to provide you with practical and cost effective advice on how you can get the best for your family out of a Will. If you arrange for us us to assist you with Wills & Probate, we will be able to guide you through the process with ease step by step.
It is a surprising fact that 7 out of 10 adults in the UK have not made a Will (source: unbiased.co.uk). This is despite the fact that we are an ageing population.
Many individuals believe their estates and assets are straightforward to administer after they pass away.
There are in fact many issues to consider, including:
We can advise on all of these issues in a straightforward way and can put the necessary protection in place with ease.
The reasons why many people do not choose to make a Will may be in part due to concerns around cost and also the belief that if one dies without making a Will, everything they own will automatically go to their partner.
This is in fact not always the case and the consequences of not making a Will can be serious for the loved ones you leave behind.
In addition, making a Will without proper legal advice can in some cases leave gaps, which lead to disputes that could have been avoided, such as the Will being deemed invalid.
A Will is the legal document that stipulates how your estate is administered after you pass away.
Probate refers to the process of a person named in the Will (known as an Executor) taking responsibility for administering the Will after the person who made the legal document has passed away. Not all Wills go to Probate, as this is dependent on a number of factors.