To discuss writing your Will, contact our Lifetime Planning and Wills Team on 01225 755656 or complete the Contact Form below. |
Writing a Will
A Will is one of the most important documents you will ever sign. Writing a Will is important because if you die without one, inflexible rules known as the ‘Intestacy Rules‘ dictate the distribution of your money, property and possessions. And this may not align with your wishes.
Before writing a Will, we always take time to understand your circumstances, wishes, and priorities fully. In doing so, we ensure your Will achieves what you wish to happen when you die. As a result, your Will provides peace of mind.
What can a Will do?
A well-drafted Will can also help to relieve your loved ones of much of the administrative burden and the need to make difficult decisions. Indeed, you can achieve a lot with your Will, including:
- saying how and to whom your assets are distributed;
- making specific gifts to people and charities;
- appointing guardians for your children;
- stating who is entitled to act as your executors;
- speeding up the process for administering your estate and therefore save legal costs;
- minimising the amount of Inheritance Tax payable;
- disinheriting people who might otherwise be entitled to a share of your assets if you die without making a Will;
- reducing the prospect of legal challenges;
- setting out your wishes for your funeral, which families often find very helpful when making the necessary arrangements.
Updating your Will
If you already have a Will, does it still reflect your wishes? For example, if there are just small changes you wish to make, you may be able to use a document called a codicil instead of writing a new Will.
Periodically reviewing your Will also means we can assess whether any subsequent changes in the law have affected your plans.
See also: Do you have to register a Will in the UK? |
