If you want the peace of mind of knowing that your estate will be dealt with by people you trust for your chosen beneficiaries, you should make a Will.
Without one, there’s no guarantee that the people you want to receive your assets will actually do so; even a husband or wife will not necessarily inherit the entire estate of their spouse under the intestacy rules.
No Will could also mean that easily avoidable tax liabilities reduce the value of your estate significantly.
As well as distributing your assets, you can use a Will to deal with a number of important issues including:
- appointing guardians to look after your children if they are minors when you die
- expressing your wishes for your funeral
- appointing a trusted person or persons to deal with the administration of your estate
- mitigating inheritance tax
- preserving your assets
If – or when – you have a Will, it’s important to keep it up to date: family and financial circumstances do change, so make sure your will keeps pace with your life and make the most of our expertise to help you get it right.
If you’re looking for experience and impartiality when it comes to administering your estate, then we can also act as executors either instead of or together with other members of your family or friends.
These documents contain checklists of the type of information we will need in order to produce a will on your behalf.
For more information on writing a will and to start a conversation on how we can help you please contact Eleanor Gadd, Associate, Private Client.