Making a Will enables you to do this. We all work hard during our lifetime to provide for ourselves and our families. So why wouldn't you want to decide who inherits your estate. Your estate may include money, property and possessions.
We understand making a Will is something many people don't like to think about. But it is so important if you want the peace of mind of knowing that your loved ones will be provided for.
Without a Will, when you die your estate will be distributed according to the Intestacy Rules. Which may result in your estate going to people other than those you would have wished. You will have no control over who inherits your estate.
Often people believe that making a Will is something you only need to do as you get older. In general, if you are aged 18 or over and of sound mind then you can make a Will. It will give you peace of mind, enable you to express your wishes and provide for those you choose. To find out more see What happens if I don't make a Will?
If you want to provide for your partner then yes you do. Without one your estate will be distributed according to the Intestacy Rules. Under the Intestacy Rules your partner has no automatic right to inherit anything. Find out more or contact us for more information about our services and how we can assist you.
The cost varies according to how complex your wishes are, how complex your estate is and whether there is a need to include Trusts. By instructing a Solicitor you can be assured that your Will is drafted and executed in compliance with the law. If you would like to find out more, please contact us.
We always recommend reviewing your Will at least every 5 years and sooner if your circumstances have changed. For example, have you recently married or divorced, had more children or grandchildren, decided you would like to leave some money to charity or had an inheritance? These are just some of the circumstances when you should consider updating your Will.
For small changes you can make a Codicil, however for more significant changes we would recommend making a new Will. We can advise you on the best option for your circumstances, to find out more contact us.
If any of the following apply, then you should consider making a Will:
The above list is not exhaustive. It contains some of the reasons for making a Will and there are many more.
The main things you need to think about are:
Making a Will is one of the most important things you can do. It is essential to get expert advice, in order to ensure that it is drafted and executed in compliance with the law. If it is not, then the Will may not be valid and your estate may end up being distributed according to the Intestacy Rules.
The right advice is important to reduce the likelihood of your Will being challenged on your death, which can lead to a stressful and costly process for your loved ones.
If you have a question or would like more information, please do not hesitate to contact us.
Call us on 01623 857 207, email: info@asquithmanners.co.uk or complete our online Enquiry Form.
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