Making a Will
Approximately 70% of the population die without having a will in place. If you were in this situation, the law would dictate what happens to your finances and the things that you own. This may achieve what you would have wanted. In a great many cases, it does not.
You do not have to be wealthy to need a Will. With life insurance policies, property values, and some employment benefits, the value of your Estate may add up to a considerable sum.
A correctly drawn Will allows you to make financial provision for your partner and your family. If you wish to leave certain items or sums of money to friends, relatives or charities then you can say so in your Will. A Will can also protect part of your estate from the cost of paying for long term care.
For specific information about making a Will during the Coronavirus Pandemic, click here.
Provision for Children
If you have children who are still minors, your Will should include one or more guardians who will protect your children’s interests. An appointment in your Will can save family disputes and ensure that your wishes are carried out.
You may also want to provide for money to be invested until a child reaches 18 or beyond.
We can draft bespoke Trusts to further protect your estate and your vulnerable relatives.
All our Wills, Probate & Tax Solicitors are members of STEP (Society of Trust and Estate Practitioners) and are recognised experts in the field. We can provide you with full inheritance tax advice and estimate the impact of inheritance tax on your estate.
Our expert solicitors can explain how insurance policies or trusts could help save tax and ensure that your assets are maintained by your family.
You will need to decide which individuals should deal with your Estate to ensure that your wishes, as expressed in your Will, are carried out. They are called ‘Your Executors’. This role can be carried out by one or more people. Your chosen Executors have an important role and should be consulted before their names are included in your will.
Our specialist Solicitors are experienced professional Executors and could be appointed in your Will if you so wish.
Making a Will does not need to be expensive. We offer a free initial consultation and after discussing your proposal and financial circumstances we will quote you a fixed price for your Will.
Lasting Power of Attorney
Just as important as making a Will is to ensure that if you become unable to make decisions for yourself (either as a consequence of an accident or ill health) someone else you trust can do so on your behalf. Should you decide that you would like such a legal document to be prepared we are able to do this for you.
The specialist team at Jobling Gowler offer a free initial consultation to discuss your particular circumstances and the legal costs involved. We also offer a free Will review service to ensure that your Will continues to match your current circumstances.
Please contact our Wills, Probate & Tax Department today.
Please call 01625 614250 or email – email@example.com