Making a Will lets you decide what happens to your property and assets after you die. While it’s perfectly possible to buy one ‘off the shelf’, a Will is a highly personal document, with potentially far-reaching effects on the people closest to you.
There’s no law that says you have to make a Will. But if you die without one (known as an intestacy) those left behind can have huge legal problems to deal with:
- Without a Will, the law decides who inherits your estate. Children, grandchildren, charities and others you’d hoped would benefit may receive nothing at all
- In some circumstances, complex trusts may have to be created, involving time, expense
- If you’re not married, your partner has no automatic right to inherit your estate. Without a Will, they may have to take legal action to receive any benefit. And even if you ARE married, under the intestacy laws your spouse may not necessarily inherit your whole estate
Some people think they’re not wealthy enough to need a Will. But by the time you’ve totted up the value of your house and its contents, your car, any insurance policies, pensions and investments, and you’ll probably find you’re worth more than you thought!
By making a Will, you can
- Decide exactly who gets what
- Choose your own executors (the people who’ll deal with your assets after you die)
- Appoint guardians to look after children under 18
- Make gifts of money or property to people or charities
- Specify any particular funeral wishes you may have
- Set up trusts to provide for young children or a disabled person, or to protect your assets in a particular way after you die
A Will is a highly personal, as well as important, document. We’ll spend time getting to know you and your circumstances, then draw up a Will that reflects your true wishes and intentions.
A Will isn’t a once-and-for-all document: we recommend you review your Will every few years as a matter of course, and following any major life event (marriage, divorce, birth of a child) or change in your circumstances.
We will also store your completed Will securely and free of charge as part of our service.