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MAKING A WILL
Most people do not have a will. This may be because they do not want to think about death or they haven't got round to making one. As a result, when they die their wishes may not be carried out and they are leaving complicated problems for their family to deal with. We can take care of this for you compassionately and sensitively. Do not put off making a will, we offer a friendly and efficient service to ensure your family are taken care of the way you would like them to be.
Why do I need to make a Will?
Four main reasons for making a Will:
(1)The main reason is so that you can decide who should benefit after your death.
(2)The second reason is to avoid Inheritance Tax.
(3)If you have children then it is possible to appoint guardians who will be responsible for your children's upbringing if neither parent is alive.
(4) Why not make a Will? It's too morbid, I'm too young.
Distribution of Assets
We are living in an age where the majority of the population are better off than previous generations and most people possess assets at the time of their death.
Wills give instructions that are legally enforceable, on the appointment of an executor and on how assets should be distributed. It is an executor's duty to ensure that the wishes of the deceased are carried out. If the deceased has not bothered making a Will then there are legal rules which dictate how the money, property or possessions should be allocated. The rules detail the degrees of relationship that are entitled to claim the assets using a Grant of Administration issued upon application to the court. If no relative qualifies under the provisions claim the assets then the Crown may be able to take everything.
Requirements of a valid Will
The person named as executor must prove that the will is valid in order to obtain a grant of probate. Under certain circumstances, a person can bring forth challenges to a grant of probate in a court of law.
Should the will not satisfy all of the following requirements outlined below:
- The person making the will must be 18yrs or older;
- The person making the will must not be under undue influence;
- The person making the will must fully understand the meaning of the document and must be of sound mind;
- The document must be signed by two independent witnesses who observed the testator signing the will;
- Neither of witnesses should be beneficiaries or they will forfeit the inheritances made to them in the will.
Our fees for a Single Will start from £180 plus VAT; for a Mirror Will from £250 plus VAT and for Home Visits from £100 per 10 mile radius.