Will Writing
- Why Do We Need A Will?
Today’s complicated lifestyles increase the need for every adult to make a Will. There are five main reasons that exemplify the importance of a Will:
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If you do not have a Will you have died intestate. The rules of Intestacy lay down a rigid method of estate distribution and make no account for your wishes. Therefore, if you do not have a Will your estate may not go to the people you would choose. Not having a Will can cause areas of confusion and heartbreak and quite often in these situations there is a tendency that the lawyers become the main beneficiaries.
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Without a Will in place, your personal circumstances may not be taken into account:
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If married, you cannot be certain that your spouse will inherit all of your assets.
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A divorcee will not benefit from the estate and it can cause many problems for couples who are separated.
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The partner of an unmarried couple may not receive anything.
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The absence of a Will could result in Inheritance Tax being payable on your estate.
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If you have children, a Will is the one way you can guarantee who will become their guardians and be responsible for their upbringing. It also enables you to appoint trustees to look after their assets.
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Why not!
It is never too early to make a Will, but often it is too late. Making a Will is never something we want to talk about, but it is very straightforward and cost effective when you look at the implications. Making a Will gives you peace of mind and added assurance for your family.
At Estate Legacy Services we use only highly qualified experienced Will writers and we offer help and advice so that you can make informed decisions.
To find out how simple it is to make a Will, please contact us.
