We are experienced in advising on and the drafting of Wills.
By
making a Will, amongst other things, you will be doing what you can to
seek to ensure that those you wish to benefit from your estate upon your
death do so. If you die without having made a valid Will then the law
decides who should benefit from your estate and this may not always be
the person or persons you would want to benefit.
When making a Will you can include details as to your wishes with regard to funeral arrangements.
Trusts can be created in a Will to benefit individuals and/or charities.
Making a Will can also help with Inheritance Tax planning.
If
you are married, making a Will is important because, without a Will, your spouse may
not always inherit all of your estate, or as much as you would wish.
If you are a cohabiting couple, that is, living together but not married, it is possible that you will receive
nothing on the death of your partner where there is no Will in place making provision for you.
For older people,
it is important to take the time to review your Will regularly and to
consider how any changes in your personal and financial circumstances
may affect the provision you wish to make in your Will.
Some of the times in
life when it is considered particularly important to make a Will or
review an existing one, include, following the birth of a child or children,
marriage, separation and divorce.
If
you have children then it is possible to appoint a guardian or guardians who will be
responsible for your children's upbringing in the event of your death.