Wills

Over seven out of ten people have yet to make a Will. It is one of the more important jobs put aside for another day. If the task seems a bit daunting, we’re here to help you.

Making A Will Can Only Benefit You:

• It ensures your estate goes where you want it to, benefiting those you love.
• It will recognize anyone you mention, so your partner will be cared for, even if you are not married.

If you do not make a will the fixed rules of Intestacy will apply. This can mean:

• Without a Will, a husband or wife may only receive part of the estate and the rest automatically passing to children. This could lead to a forced sale of assets.
• If you live with a partner but are not married, the survivor after the death of the first will not be recognized as a beneficiary to the estate.

Even if you have made a Will you should consider:

• Reviewing you Will every ten years to take account of new circumstances.
• A will is valid until you die or make a new Will or YOU ENTER INTO A MARRIAGE OR CIVIL PARTNERSHIP which automatically cancels any previous Wills (except in specific circumstances).
• Revising your Will or making a new Will can be a useful tool in connection with any Tax Planning specifically in relation to inheritance tax or where there is a need for a creation of any Trust under a Will for the protection of infants or persons under a disability.