It’s never too early to start thinking ahead and planning for your and your family’s future. As circumstances can change, often without warning, having an up-to-date Will ensures that your estate will be administered in accordance with your wishes.
If you die without making a Will your estate will be distributed in accordance with the UK intestacy rules. These may not reflect your wishes and may cause unnecessary complications for your family.
Here are just some of the reasons for writing a Will:
- By writing a Will you can leave your assets to the people closest to you, whether that is your spouse, civil partner, partner or children, including children from a previous relationship
- If you are living together but not married, under the rules of intestacy unmarried partners are not automatically entitled to receive anything unless you have provided for them in your will.
- You can set up guardianship arrangements for children under the age of 18
- Should your spouse need to go into a nursing home after your death you can protect your assets for your children by taking into consideration the ownership structure of your property and establishing a Will Trust
You should also review your Will regularly to make sure that it still reflects your wishes, particularly if there is a change in your circumstances.
We would be happy meet you to discuss your family circumstances, your assets and your inheritance tax position free of charge.