
I Ought to Make a Will... |
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This is a commonly made statement we have all heard or possibly made at one time. While it is easy to put off, there are good sound financial reasons for making a Will which include:You can leave your property, money and other assets to the people you want. If you do not make a will, your husband, wife or civil partner will not automatically get everything. This could mean that part of the money goes to family members who may not need it; If you are in a long term relationship but aren't married or in a civil partnership, your partner will not automatically inherit anything – by making a Will you can make sure your partner is provided for; You can choose your children’s guardian in the event of your death; You can make sure no more Inheritance Tax is paid than is absolutely necessary; It may take longer to sort out your affairs |
Yes - if you are aged 50 years or over then Why should I see a Solicitor? Security and peace of mind that the Will has been properly drawn up, so that your wishes are correctly expressed. If the correct procedures are not followed a Will, or part of it, may be invalid. What if I change my mind? A Will does not come into effect until your death. You can therefore review its contents as many times as you like during your lifetime. In fact we recommend that you review your Will every five years. For further information please ask for a leaflet “The Importance of Making a Will”. If you would like assistance with issues raised in this article then please telephone us for an appointment. |
