Write Your Will In 3 Simple Steps:
Book In Your Appointment
Book your appointment with one of our professional consultants
Complete Your Will
Speak with one of our professional Consultants and inform them on your wishes
Receive And Sign Your Will
After the appointment you will receive your Will via post, sign and complete it for peace of mind.
Make A Will That’s Right For You
All adults should really have a will, it solves so many potential problems when death comes however it is often not considered until it’s too late.
Making a will and keeping it up-to-date is the best way to make sure your assets are distributed according to your wishes after you die.
If you die without a will, the rules of intestacy will apply. Therefore, you do not choose who gets your estate because has to be distributed according to the law. At an emotional time for your family this can cause unnecessary friction, for example, if a husband or wife end up owning their own property with their children.
We recommend that you have a will or review your existing will at significant moments in your life for example:
- On marriage or remarriage because any will you have is no longer effective after that date
- The birth of a child
- Divorce
- The purchase of a house
- Starting a business
All these events change your circumstances significantly and those you want to benefit will depend on the law if you do not express your choice.
Unmarried & Co-Habiting Couples
For unmarried and cohabiting couples having a will is crucial no matter how long you have lived together because your surviving partner will have no rights to your estate unless you have a will specifically naming them as a beneficiary.
Therefore it is vital that couples have wills that protect their loved ones and any children involved.
Tax Planning
Wills are an essential part of any efficient Inheritance Tax planning scheme.
If your estate exceeds £325,000 it may be subject to Inheritance Tax if you do not have children.
Married couples may be able to make use of a transferrable allowance and qualify for an exemption of up to £1,000,000 if they have children. If you do not have children, your beneficiaries have to pay tax on your estate which is over £750,000. Inheritance tax is charged at 40% and will significantly reduce the amount you can pass on to your beneficiaries.
Frequently asked questions
How do I know which Will is right for me?
The right Will depends on your personal circumstances, if you are married or have a partner with wishes that reflect one another then a Mirror Will is best suited. However if you are single a Single Will is best suited.
Why do I need a Will?
A will ensures your money, property and possessions are distributed according to your wishes after you pass away. Without a will, the law decides who inherits your estate, which may not reflect your wishes.
What assets can I include in my Will?
You can include property, savings, investments, personal belongings, and sentimental items. Some jointly owned assets may pass automatically to the other owner.
Is my Will legally binding?
Your Will is legally binding if it is properly written, signed and witnessed by two people who are not your beneficiaries or married to a beneficiary.
What is the process of receiving my Will?
First you will sit an appointment with one of our professional consultants, after the appointment is done your Will will be written, printed and sent out to you. Once you receive your Will, you will sign it. After it has been properly signed you will have your legally binding Will. It is important that it is kept safe and secure.