Have you thought about what would happen if you were no longer here? Who would protect your spouse, your partner, your children, elderly, disabled and vulnerable family members? Would they miss your financial support? Who would get what you own? Who would look after your business? Who would look after your children?
It’s not something that we like to talk about, but if you don’t make arrangements now for when you are no longer here then the law will decide for you and it may not be what you wanted.
Why should I make a Will?
Making a Will is the only way to ensure that your wishes are carried out after your death. If you have not made, or do not have a valid Will, your estate (assets, property and possessions) will pass according to the Law of Intestacy.
There is no automatic right for your spouse, partner, children or anyone else to inherit what you own and no automatic right for godparents or grandparents to take care of your children.
Without a Will it is likely to take longer to finalise your affairs after you have died too. During this time those inheriting from you may not be able to draw any money from your estate and this can lead to financial hardship, arguments and distress for your loved ones.
If you haven’t made a Will here’s 10 good reasons to make one:
You can……
1. decide who gets what you own rather than the Law avoiding uncertainty and family disputes.
2. choose who looks after your children and make sure they will be provided for financially and emotionally.
3. put a trust in your Will to ensure that your children inherit from you if your spouse/partner lives longer than you and remarries or enters a new relationship. It can offer additional benefits if your spouse/partner needs care.
4. provide for your unmarried partner who can only inherit property you own jointly with them.
5. ensure your loved ones are protected even when a life changing event happens such as becoming a home owner, getting married or divorced or entering or dissolving a civil partnership.
6. set out your funeral wishes.
7. pay less inheritance tax so that your loved ones inherit more.
8. leave a gift to charity.
9. choose what happens to your business.
10. make provisions for your pet.
Why choose Wills & Wishes Legal?
We make the process. simple, flexible and affordable.
Simple – We meet with you at your home or on a video call to take your instructions. We prepare your documents and supervise your signature. We can arrange to store your final documents too.
Flexible – We’re not restricted to Monday to Friday 9-5 office hours. We have weekend and evening appointments available.
Affordable – Our prices are fixed and we don’t charge VAT so we’re more affordable than most local solicitors.
What other services do we offer?
We can help you with your Wills, lasting powers of attorney, trusts, executor assistance for probate and document storage.
We’d love to help you. For further details and more information please call Fiona on 07799 213 721 or email fiona@willsandwisheslegal.co.uk.
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