Whether single, married or a parent, Wills are a key element in estate planning and, without a Will you are unable to control what happens to your assets after death.
Without a Will you may leave your dependents with numerous problems, including an unmanageable tax burden.
Without a Will, the law will determine how your estate will be distributed, so your family, friends and favourite charities may not receive what they need or expect. If you do not make a Will, those you leave behind may suffer the distress of coping with legal complications as well as losing a loved one.
Many married people believe that their possessions would automatically go to their partner. Without a Will, though, that is not necessarily the case. And if you are not married, your partner could receive nothing.
We can help you to make the correct provisions in your will and ensure that your wishes are carried out:
Thousands of people who manage their pension fund without a Lasting Power of Attorney in place are at risk of a financial crisis in later life warns pension group Zurich.
It is estimated that only 12% of people aged under 34 have made a Will. However, if you do not have a Will your loved one’s financial future could be at risk.
The importance of updating a Will has been highlighted in a recent case where a businessman’s estate was challenged by his infant children.
Reports of multi-millionaire businessman Richard Cousins leaving the bulk of his wealth to Oxfam highlights the importance of using a Solicitor to draw up your Will to cover all eventualities.