The importance of making a will can not be over stated, and our wills and probate specialist legal team, we can help you make your will, and advise on all related areas.
In the event of your death, your estate of assets and property needs to be distributed to the right people. Without a Will in place, the law will direct who receives your estate without flexibility, regardless of your wishes being known by your loved ones.
Likewise if you have a partner you are not bound to in marriage or a civil partnership, they will not automatically inherit your estate. There is no ‘common law wife/husband’ in law and again, without a Will in place your partner may be left in financial predicament. Your Will can also be used to clarify who you wish to take care of your children or dependents. By making an allowance for these, you will ensure that they are in the best hands after you pass on.
After you have considered the distribution of your assets you can also plan for other factors that may come into effect, such as care home payments or Inheritance Tax. By planning strategically, you can protect your assets and save on taxes.
Once you have your Will carefully planned and written out, you may find that your circumstances change of the years. We believe it’s important to have your Will regularly reviewed to ensure that all changes are accounted for. That is why we offer a free Will review service every 5 years.
The charges for preparing a Will vary depending upon how complicated your circumstances are. Our will writing solicitors charge a basic cost of £125 plus VAT and simple mirror wills for husband and wife are £200 plus VAT.