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It is best to answer questions about wills before it is too late. Take the opportunity to decide what will happen after your day and who shall benefit.
In the event of your death you can plan how you wish your affairs to be managed.
It is best to answer these questions before it is too late. You should take the opportunity to decide what will happen after your day and who shall benefit.
Otherwise the law will decide and this may not be how you would like it. A surviving spouse can be treated quite harshly under the rules of intestacy and there may be unnecessary delay and expense. This may prove particularly true if you are separated, divorced or unmarried.
We are qualified to offer advice in this matter and on how you can best provide for your loved ones. Make an appointment with one of our Solicitors at which time we will discuss your assets: your house, pension expectations, insurance policies, bank and building society accounts, stocks and shares, etc.
Your Executor will have the responsibility of dealing with your financial affairs after your death. This should be someone reliable such as your spouse, relative or a professional such as your solicitor. You may choose a combination of both.
A straight forward will is quite inexpensive. We can provide a quotation at the outset. Larger estates may require expert tax planning and we can liaise with such other professionals as are necessary to ensure that you manage your affairs in the most tax efficient manner. Proper advice now will prevent unnecessary tax in the long term.
Your will may be changed at any time. If you wish to make small amendment to a legacy for example this may carried out by way of ‘codicil’. In the event a more substantial amendment it is best to prepare a new will. We can assist you at such time and offer up to date advice.
It is important to remember that a marriage will cancel any will made prior. A Divorce will effect the interpretation of your will. Otherwise it is advisable to update your will every five years or in event of a significant change in your circumstances such as wealth, business or property.
