Have you made your Will yet?
Law Society figures show that 70% of all adults in the UK have not made a Will. Are you one of them? If so, your family could suffer unnecessary hardship and delay after you die.
Contrary to what most people think, under intestacy laws your spouse or civil partner does not automatically inherit all of your estate after you die. You will have no say in who will look after your minor children or who will administer your estate. You will also not have any say on what type of funeral you will have. It can take two years to administer an intestacy which often leaves hardship for those who are left behind.
In effect, the Government writes your will for you. If you have any young children you can also appoint in your Will who you would wish to look after them rather than let the courts decide.
There are many reasons for writing a Will. The main points are:
- The survivor of a married couple or civil partnership is only guaranteed to
inherit £250k of the estate
- Unmarried couples inherit nothing whatsoever
- Unmarried fathers have no automatic right of guardianship to children
You may wish to make specific bequests, make charitable donations or set up trusts. You may be concerned about the effects of Long Term Healthcare. We can help prevent Area Health Authorities from taking your share of your home. Are you concerned that you (or a relative of yours) may become incapacitated? We can provide Lasting Powers of Attorney so that your chosen attorney has the legal power to deal with all your affairs.
Will Writers Ltd have now made it simple for you to write your Will. We can send a legally qualified consultant (all of our consultants have LLB laws honours degrees) to your home to discuss your needs and to suggest what your best options are. The consultation usually takes about an hour and there is no obligation and no pressure. If you are then happy to go ahead most Wills are usually prepared within 10 days.
If you already have a Will then you need to make sure that it is up to date and reflects your current wishes. We recommend reviewing your Will at least every five years, sooner if there has been a change in your personal circumstances.
Writing a Will gives you peace of mind that your wishes will be followed and your loved ones will be catered for at a difficult and trying time.
We are members of and regulated by the Society of Will Writers and Estate Practitioners and carry full professional indemnity insurance and are registered with the Information Commissioner under the Data Protection Act.