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This is normally where we start, having a comprehensive up to date will is a critical part of estate planning. Did you know that it is estimated that more than two thirds of the 'over 40's' population do not have a valid up to date will? If you die without a valid will you are deemed to have died 'intestate', this means that the government rules of intestacy will be applied.
Invariably, this could mean that your estate will not be distributed as you may have wished!
In fact, if you and your partner are not married, then your partner will be entitled to nothing!
By making a will YOU can decide exactly who gets what - not the government. If you have children under the age of 18 you can also use your will to nominate who you wish to have guardianship of those children. There is alot of leave to chance, when making a will is very simple and painless and can save your loved ones a lot of stress in the long run.
New Intestacy rules came into effect at the beginning of October 2014, which change the way a person's estate is divided if they die without leaving a valid will. These changes highlight why it’s never been more important to make a Will to ensure that you have the final say in who inherits your estate.
All estates with a value if £5,000 or above will require a grant of probate.
If you've made a will but never updated it, you could even benefit people you no longer wish to favour. We recommend reviewing any existing wills at least every three to five years.
Contact us today to arrange a meeting to find out how we can help you write your will. The first meeting is at our cost, and with no obligation, so you really have nothing to lose.
Our experienced advisers offer a comprehensive range of estate planning services, tailored to your particular requirements. Click on the images below to find out more about the services we provide.