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Wills & Probate:
Why make a will?
If you don't make a will then......
- Your estate would be distributed
according to strict rules based onlegal and blood relationships
and take no account of whether the relative(s) are known
to you or are estranged from you.
- Your spouse may not receive
the whole of your estate.
- Your unmarried partner
will not inherit any part of your estate.
- If you are separated but
not divorced your spouse will still be regarded as your
next of kin.
- No provision can be made
for friends or charities .
- The persons you would
wish to administer your estate might not be entitled to
do so.
- Inheritance Tax may be
unnecessarily payable out of your estate.
If you do make a will then....
- You decide how your family,
friends and any charities should benefit.
- You can appoint guardians
for your children and trustees to look after their inheritance
until they are of age.
- You appoint whom you wish
as executors to administer the estate.
- You decide your funeral
arrangements.
- You may be able to reduce
the tax payable on your death.
A Will is particularly important...
- To provide for young children.
- To provide for elderly
or disabled beneficiaries.
- If you are separated or
divorced.
- If you have remarried.
- If you have an unmarried
partner.
Why use a solicitor?
Don't take chances with a DIY Will. Many home-made wills are
defective and the costs and time dealing with the mistake are
often much greater than the cost of a professionally written
will.
Fidler & Pepper are experienced in preparing Wills to cover
all circumstances from simple wills with one beneficiary to
complex wills designed to minimise tax or set up trusts.
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