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Making your Will

If you don’t plan, strangers could make decisions for you…

Making a Will

Making a Will is the main way you can decide what happens to your money, property or possessions when you die. Even if you don’t think you have much to give away when you die, a Will can ensure potential confusion or conflict is avoided and your wishes are carried out by your chosen executors.

What if I die without a Will?

Many people die without a Will either because they never got round to writing one or, through changes in circumstances, it has become invalid. There are rules and laws in place which will decide how your money, property or possessions should be allocated. These are the rules of Intestacy. This strict set of rules enforce the division of your estate in a fixed way. Of course this may not be the way you would have wanted and it gets more complicated if you are not married or in a civil partnership.

A Will can ensure more of your money goes to your children to reduce Inheritance Tax liability. Of course circumstances change. You may separate from your partner and no longer want them to have a share of your assets. If you get married, this automatically invalidates any Will you have.

It sounds like there is a lot to think about

There is and that’s why many people put it off. Who inherits your house? Who inherits your prized collection? What happens if your spouse remarries? Who looks after your children if you both die? Without a Will these decisions will be made by other people.

Once it is done though, you just need to review it regularly and you can carry on with the rest of your life.

We have a friendly team who have experience helping people clarify the decisions they want to make when they die.

You can watch our latest Webinar where experts Tom Rimmington and Peter Edwards talk about the things you need to think about when making a Will and the benefits of keeping up to date. Click on the image below to watch the full video

More ways we can help protect your family

Wishes & Feelings

Court of protection

Court of Protection

Lasting power of attorney

Talk to our friendly team today

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