Many people think that making a Last Will and Testament is something you do only when you are old, whilst many other people don’t ever consider writing a Will. However, everyone with property or any assets should make a Will to protect their assets and their loved ones.
There are many reasons why we should all make a Will, below are a few examples:
A properly drawn up Will gives you real peace of mind. You can make provisions for your partner and family, and know that your wishes will be carried out.
If you do not make a Will then your estate will be distributed according to the rules of intestacy. In some circumstances this can cause a great deal of distress for those who are left behind, and it could also cause hardship. The biggest problem is, of course, that those you might wish to benefit might receive nothing, and those you might not wish to benefit might do so!
A Will drawn up by a Solicitor addresses the matters referred to above and will deal with your own individual requirements.
Sometimes ‘Do It Yourself’ (DIY) Wills create more problems than they solve. It is essential that your Will is properly prepared by a solicitor to avoid any confusion or disputes when you die. We can advise you on Inheritance Tax implications and on the options that are available to you as to how you can leave your assets. Please do remember that any discussion you have with a Solicitor is confidential.
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