Why Make A Will?

Common sense tells us that we need a Will, but why is it so important?

Making a Will is the only way you can be sure what will happen to your property and possessions after your death.

If you have a Wife or Husband, especially young children or dependants, it is the best way of making absolutely sure they are provided for. An up to date Will, making your intentions clear makes it much easier for your Executors to administer your estate.

If you die without making a Will – known as ‘Intestate’ – you have no control over who inherits your estate, in turn the Law will decide the outcome.

Rules of Intestacy Chart

Each year upto 70,000 homes have to be sold to pay for Long-Term Care; many families are disinherited. A correctly written Will can safeguard their share in the property.

Rules of Intestacy

As you can see, the ‘Intestacy Rules’ can cause many problems as you have no control over who inherits your estate. More importantly, A correctly written Will allows YOU to decide the following:

Guardians

Allows YOU to choose and appoint the guardians for your children.

Planning

Ensures YOUR dependents and loved ones have access to funds with the minimum delay and expense at a difficult time. Ensures YOUR dependents and loved ones have access to funds with the minimum delay and expense at a difficult time.

Save £££'s

Large savings through Inheritance Tax planning can be inexpensive and simple to arrange if YOU receive the right advice. Large savings through Inheritance Tax planning can be inexpensive and simple to arrange if YOU receive the right advice

Executors

Allows YOU to choose the most suitable executors and trustees to look after your affairs. Allows YOU to choose the most suitable executors and trustees to look after your affairs. Allows YOU to choose the most suitable executors and trustees to look after your affairs.

Gifts

Allows YOU to pass on particular gifts or make special provisions for loved ones, family and/or charities. Allows YOU to pass on particular gifts or make special provisions for loved ones, family and/or charities.

Funeral

Allows YOU to choose whether you are buried or cremated and what location.. Allows YOU to choose whether you are buried or cremated and what location. Allows YOU to choose whether you are buried or cremated and what location.

Plus

YOU can protect your property passing to a new marriage partner, you can ensure that unmarried partners would inherit, you can ensure any step-children will inherit. YOU can protect your property passing to a new marriage partner, you can ensure that unmarried partners would inherit, you can ensure any step-children will inherit.