Making a will is not something most people think about doing when they are young, fit and healthy but there are many reasons why you should consider it, whatever your age.
Statistics suggest that nearly 75% of all UK residents have not yet made a will, but why should you become one of the 25% who have?
Some of the reasons why you should consider making a will are:
- You will make sure that your money, property and possessions go to the people you want them to
- You will ensure that your family are taken care of
- You can avoid paying more inheritance tax (we’ll work with your accountant too if you like)
- If you don’t make a will and no one claims your estate, it will go to the crown, who currently take £10 billion a year from people who have not made wills
- If you don’t make a will there are strict rules about who can inherit what and how much they can inherit (Rules of Intestacy)
Wills are particularly important for people who are not married, separated, divorced or have children so you can ensure your estate is divided between the people you decide and also to avoid any unpleasant disagreements within the family. Family units have become more and more complex and therefore making a will is becoming a necessity. Paschal O’Hare’s team of will and probate solicitors are here to help.
What questions will I be asked?
When you make your will you should consider some questions before speaking to your wills and probate solicitors so you have time to think about your answers.
The questions you will need to think about are:
- who you want to benefit from your will
- who you would want to look after your children (under the age of 18)
- who is going to sort out your estate and carry out your wishes after your death (your executor)
- what happens if the people you want to benefit die before you
Our team of wills and probate solicitors can talk to you about all of your options and help you to come to a decision about your wishes in a legal context.
If you are wondering what exactly needs to be included in a will, get more informationhere.
If you would like to make a will then we can help. Call us for a free, no obligation discussion on 0800 020 9311 or complete a Free Online Enquiry now.
Probate and Bereavement Services
Everyone will face losing a family member or loved one at some time in their life and we do understand how difficult and distressing this time can be. If you add into this the stress and burden of dealing with the estate, it can be overwhelming.
We understand what a difficult time this is for you and we can guide you through the complex process of administering the estate and applying for a grant of representation too.
Using our experience and sensitivity we will make sure the executor named in the will complies with their legal requirements, and also assist in contacting HRMC, accountants, valuers and stockbrokers on your behalf.
In addition to helping with the probate, should you need our assistance in the sale of property, business assets or debt recovery, we would be happy to help.
We can also provide you with legal advice if there is a dispute regarding the will or if it is being contested, by you or someone else.
We’ll talk to you about your needs and what it will cost and we will then bring things to conclusion as quickly and cost effectively as possible.
If you would like some help administering a will or on any probate matters, we can help.
Call us for a free, no obligation discussion on 0800 020 9311 or complete a Free Online Enquiry now.