We can advise you on all aspects of making a Will, including what you can do to reduce Inheritance Tax. Making a Will can be simple, but everyone’s needs are different so it is important to get the right advice from the start. We will work with you to make sure your Will is right for you and your circumstances.
People often put off making a Will, but by taking steps now you can make sure your property and possessions go to those you want in the most effective way. Having a Will in place can also help ease the worries and difficult decisions facing those you leave behind.
A Will is a legal document which allows you to set out instructions for the distribution of your estate after death. Your ‘estate’ refers to everything you own and may include land, property, bank accounts, investments, jewellery or other possessions. Your Will can also say who is responsible for carrying out your wishes and can also afford better protection of assets for your children or other vulnerable beneficiaries.
Making a Will it is usually a straightforward process and you can rewrite it as many times as you wish during the course of your lifetime. Your Solicitor will be able to draw up your Will for you, ensuring it reflects your wishes in the best way for your individual situation.
Making a Will allows you to set out instructions for the distribution of your estate, which is all your assets, to the people you want after you die. A Will can be tailored to your needs to allow you to make specific requests that are important to you. Such requests may include: giving certain possessions to specific people, appointing guardians for your children, setting out your funeral instructions or stating how your interest in a business should be passed on.