It is estimated that a staggering 53% of the population are without a Will. Without a Will, your estate will be distributed according to the law which may not be in line with your wishes.
If you take the time now to make an effective legally binding Will and Testament you take control of your affairs, which in turn can save those you leave behind the heartache, stress and unnecessary cost which can come from intestate estates or ill-prepared wills which are open to challenge.
Ten Reasons to make a Will
- You want to decide who receives your estate on your death.
- You want to choose who will manage your affairs with the appointment of Executors.
- You want to put in place guardians for your children or provision for your beloved pets.
- Inheritance Tax planning.
- Protection following the purchase of your own home.
- Marriage, cohabitation or divorce. The law at present does little to protect the cohabitee.
- Business ownership.
- Use of trust to protect capital for disabled dependents, children and spouses arising from subsequent marriage.
- Distribution of specific items, cash gifts to individual and charitable legacies.
- The exclusion of people from your estate.
Regardless of the size of your estate, assets involved, dependents or not, all of us have something in our lives to protect and pass on. Every estate matters to us and there is no one size fits all approach.
Kate Pelzer at Ferndown Solicitors can help:
- Advise you in regard to estate and Probate laws.
- Write a Will that maximises the inheritance for your family.
- Set up family and testamentary trusts.
- Advise you in regard to choosing executors and guardians.
- Minimise the chance that your Will is contested and subject to litigation.
- Advise in regard to estate tax and financial concerns.
- Safely store your Will and other important legal documents.
Above all we want people to feel comfortable with the process of putting a valid Will in place and the peace of mind this will bring to you. Contact us for a free no obligation telephone consultation to discuss your requirements.
At the same time as considering your Will, we strongly recommend that you also put in place plans for any future incapacity. This will ensure that if you suffer an accident or somehow become unable to make decisions about your finances, your medical treatment or living arrangements then the person or persons who you trust to make these decisions can do so unhindered.
Contact us to find out more or to arrange a consultation with Kate Pelzer.