Our Will writing solicitors are based in Amersham, and regularly write Wills for clients throughout the Thames Valley area.
We know that your personal wealth is something you have worked hard for and you want to be comforted by the knowledge that when you die, your wealth will be passed on in the way in which you intend it to be.
Having a Will written can be a very straight forward task, but is one that many people, understandably, put off. However, a Will is an essential legal tool to ensure that your wealth and assets are passed on to your beneficiaries according to your wishes. If properly drafted by Will writing solicitors, your Will will clearly outline what your beneficiaries are to inherit and, where appropriate, how other more complex matters will be cared for or managed.
What is a Will?
A Will is an essential legal tool to clearly outline what your beneficiaries will inherit and, where appropriate, how other more complex matters will be cared for or managed. If you pass away without making a Will, the law decides who gets what and how much.
Why write a Will?
Writing a Will can ensure your assets are protected, and can give you the confidence that your estate will be managed as per your wishes when you pass away. It’s important that everyone has a professionally drafted Will as it can:
- Specify who will act as guardians for your children
- Specify the age at which beneficiaries who are children will inherit
- Create trusts to protect vulnerable beneficiaries
- Minimising any inheritance tax liability on your estate
- Make sure you decided exactly where your assets go
- Ensure your assets are divided where you want – reflecting life changes such as marriages, divorce or civil partnerships.
What if I die without making a Will?
Dying without a valid Will is called intestacy or dying intestate. If you pass away without making a valid Will, your estate will pass to those entitled under the intestacy rules and this may not be in accordance with your wishes.
If you are not married or a civil partner, your partner is not legally entitled to anything when you die. Even if you are married, your spouse may not receive all of your estate. Making a Will is the only way to ensure that your estate passes to those you really care about. Our solicitors can help with all aspects of Estate Planning and ensure all the required legal documents are in place to limit disputed Trusts and Wills.
What do I need to consider before making my Will?
Before making your Will, you may wish to think about the following:
- Who you would like to deal with the administration of your estate (your executor);
- Your funeral wishes;
- Who you would like to appoint as guardians if you have minor children (under the age of 18);
- Whether you would like to leave any specific gifts;
- Who you would like to receive the remainder of your estate.
- Learn more about our Probate services here
Once my Will is written does it need to be periodically reviewed?
We recommend that you review your Will every three years and after any major change in your life. Certain life events such as marriage (getting married cancels any Will you had previously made), divorce, moving house, and the birth of a child are all reasons to review your Will. The only way you can change a Will is by making an official alteration called a codicil.
How Blaser Mills Law can help?
Our Amersham based Wills, Trusts and Probate solicitors can provide you with an up to-date, tax efficient Will and legal advice. Our team will take the time to understand your needs and offer a service that ensures your Will is comprehensively written so it reflects your wishes.
If you would like to speak to one of our lawyers today, please contact the Wills, Trusts and Probate team on 01494 781 362 or email Carol Dalziel at email@example.com