Why is a Will important?
A recent survey showed that over 60% of adults in the UK have not made a Will. More alarmingly 74% of co-habiting couples do not have a Will. Without a valid Will, your loved ones will have little control over the inheritance of your estate. Take control and make your Will today.
Your life is busy. And taking the time to make a Will can seem like an unnecessary hassle. But writing a Will can actually be a quick, simple and easy process. When you trust our experience Will & Probate team to create your Will, you will find the whole process is fast, easy and stress-free.
Making a Will is the only way to ensure that what you want to happen after your death actually does happen. It makes the process of dealing with your money and possessions (your estate) easier for your friends and family. If you don’t make a Will your estate may not automatically go to the people you want to benefit and unnecessary tax may have to be paid.
Your personal circumstance will be listened to by our team. They will take time to ensure you are happy at each stage of the process so you can be confident that your assets are protected legally.
To speak to one of our advisors contact us by calling 0333 3580 393 or sending us a message through live chat to arrange your appointment.
How to make a Will
Before you visit us to discuss making a Will it is a good idea to think through the relevant issues. Our online ‘Making a Will’ form highlights the things you need to consider when making a Will and we advise people to have a look at this before we meet.
While putting your Will together, we work with you to;
- Help you decide who will carry out the instructions in your Will (the executor)
- Help you nominate guardians to look after your children if you die before they are 18.
- Make sure that the people you care about are provided for.
- Help you leave gifts to family and friends and decide how much they get.
- Take steps to minimise any Inheritance Tax that might be due on your death.
Should I get a Will if I have young children?
If you are a parent, particularly to younger children under the age of 18 years old, it is important to make a Will.
If you make a Will, you can make sure your children are provided for after you are gone, and you can nominate a guardian if your children are under the age of 18 years old.
This is a sensitive issue. But it is important to make sure your family is protected and everyone knows what your wishes are. Support and advice throughout this process will be given to you by our experienced team.
Here to help you...Get support preparing your Will. Contact Ringrose Law.0333 3580 393Contact Us
Is my partner entitled to my property if we are not married?
It is often a common myth that cohabitees are entitled to their partners share of property, money etc. if they should die.
However, if you do not have a Will in place you are not entitled to anything.
If your partner has children they could inherit your partner’s money leaving you with nothing. If you are cohabiting it is vital that you have a Will in place, to protect you and your partner if anything should happen to either of you.
What are the rules around Wills in a Civil Partnership?
Civil partners have a legal right to inherit from each other and any inheritance is tax free.
If you and your partner are not civil partners you can’t inherit from each other automatically. We can help you make Wills to provide for each other and avoid any unnecessary stress if one of you dies.
Can I change my Will?
You should review your Will every three to five years or when there has been a major change in your circumstances. For example, if you marry, a Will made prior to the marriage will become invalid.
Also, the value of your home and investments may have increased over time and Wills may need to be amended to save inheritance tax.
It is a good idea to talk to us if you think you may need to change your Will.
What should I do if I want to write a Will?
To speak to one of our team further about making your Will, registering your Will, or updating an existing Will then contact us today.
Our team of friendly, professional experts would be more than happy to speak with you on the telephone and arrange an appointment,
Alternatively, you can complete the online ‘Making a Will’ form and someone will contact you
We are proud to be able to offer Wills through the Cancer Research UK Free Will Service – for more details click here.