Why should I make a Will?
- To save a lot of anxiety, expense and delay for my loved ones after I'm gone
- To appoint who I want to be guardians for my children
- To make financial provision for my children's upkeep and education
- To make sure there are no arguments in the family
- So I gift my most precious possessions to the right people
- I don't want the government or anyone else to decide who gets what
- As my partner and I are unmarried without a will neither of us will benefit if the other one dies
- As my partner and I both have children from previous relationships I want to make sure my own children don't lose out
- To prevent my home from being sold while someone in my family still needs it
- To make provision for an elderly or handicapped relative
How do I make a Will?
Our initial consultation is free, so when you call us one of our trained consultants will visit you in the comfort of your own home to explain what is required.
Our initial consultation is free, so when you call us one of our trained consultants will visit you in the comfort of your own home to explain what is required.
How often should I update my Will?
At least once every five years, of if there are changes in your life e.g. marriage, births or divorce.
At least once every five years, of if there are changes in your life e.g. marriage, births or divorce.
How much Inheritance Tax will I have to pay?
Without a Will potentially 40% of your estate value over £300,000. With a Will the minimum necessary, and possibly nothing.
Without a Will potentially 40% of your estate value over £300,000. With a Will the minimum necessary, and possibly nothing.
What are the implications of making a charitable donation in my Will?
They are discounted from your estates value, so no tax is paid on them.
They are discounted from your estates value, so no tax is paid on them.
Who can witness my Will?
Anyone who is not a beneficiary of it.
Anyone who is not a beneficiary of it.
What are the roles of Executors and Trustees, can they be the same people as beneficiaries?
They are nominated by you to manage the distribution of your estate in line with your wishes expressed in your Will. They can be and often are beneficiaries, for example - husband or wife, partner, senior daughters (as long as aged 18 or over).
They are nominated by you to manage the distribution of your estate in line with your wishes expressed in your Will. They can be and often are beneficiaries, for example - husband or wife, partner, senior daughters (as long as aged 18 or over).
TESTIMONIAL
Having recently divorced I hadn't realized the implications of not writing a new Will. They werevery helpful in resolving a range of issues, quickly and in easy to understand language.
Mrs. Linda Sutton