All effective estate planning starts with making a will.
Our friendly and professional will writing solicitors can help you to make your will or update your existing will, giving you reassurance and peace of mind as you plan for the future.
If you die without making a will, there is no guarantee that the people you would like to benefit from your estate will receive anything at all on your death.
It is important to make a will whatever your circumstances. Although inheritance tax planning and will drafting often go hand in hand, wills aren't all about money. They also deal with issues such as funeral arrangements, nominating guardians for young children and the distribution of personal possessions.
You may also need to have a will in place for the following reasons:
- To retain control over the disposal of your estate after your death — if you die without making a will, the distribution of your estate (i.e. how your money, property and possessions are allocated) is dictated by the rules of intestacy. These are statutory rules which cannot be varied without the consent of all of the beneficiaries who benefit under them. If the intestacy rules take effect, you have no control over the way that your estate is distributed. Unmarried cohabitees are not currently recognised at all under the Intestacy rules and it is not automatic that a spouse will inherit all of their late spouse’s estate.
- To minimise any Inheritance Tax liability — the preparation of wills using a tax-efficient structure can help to reduce the burden of Inheritance Tax on your estate.
- To provide protection for vulnerable beneficiaries — if you would like to make provision in your will for a vulnerable beneficiary, it is possible to set up a trust which will protect their interests.
- To provide for a change in circumstances — if your personal circumstances have changed, it is important to ensure that your estate is distributed according to your wishes. If you are separated from a spouse or partner, you may wish to review your will to ensure that they will not benefit from your estate on death. If you have married or entered into a Civil Partnership, your will may have been revoked.
- To select appropriate Executors and Trustees — your Executors are responsible for administering your estate in accordance with the terms of your will. Not everybody is suited to the role of Executor so it is important that you choose these carefully.
- To provide for future generations — you may wish to provide for grandchildren, great-grandchildren or even future generations in your will. It is possible to delay the distribution of assets to these beneficiaries by leaving your estate or a proportion of your estate in trust.
Our specialist will solicitors understand that each individual's circumstances are unique, and we pride ourselves on preparing wills suited to your particular needs.
Our expertise includes:
- Drafting wills at all levels of complexity
- Inheritance tax planning through wills
- Protecting the rights of cohabitees
- Wealth protection and trust creation for different family members and future generations
What if I have a will already?
It is very important that wills are reviewed regularly to take into account changes in both circumstances and the law. Our will writing solicitors are happy to review your existing documents and give clear advice as to whether any updates are recommended or, alternatively, if no changes are necessary.
Whether you’re writing a new will, or updating your current one, we'll work with you to tailor our service to best meet your needs.
So whether you’re writing a new will, or updating your current one, we'll work with you to tailor our service to best meet your needs.