There comes a point in all of our lives when we think about making a Will. The harsh reality is that one day we will all pass away and what will happen to our estates will depend on whether or not we made a Will.
We all live in a world now with so much choice for consumers and with the added benefit of the internet, how should you choose who makes your Will?
There was a time when a Lawyer was the only option, but now with so many companies offering Will-writing services, or websites offering Will writing software, is it best to shop around? Is the cheapest option always the best option?
So, why use a Lawyer to draft your Will?
When going to see a Lawyer to give instructions for your Will, you have the benefit of a face to face meeting, so any questions and concerns can be addressed immediately and you have the peace of mind that you are protected if something should go wrong. This is because Lawyers are regulated and, therefore, should you have any complaints, you can address these with the Lawyer’s firm directly and then, if required, the Legal Ombudsman. You can be confident that there will be no problems with the drafting of your Will.
You will be given full advice regarding all of your decisions and the strict rules of signing and witnessing your Will, as stated in the Wills Act 1837 will be complied with.
As Lawyers we will always advise you regarding Inheritance Tax and the possibility of paying future care home fees. Should you have assets outside the UK, or run a business, we will also take this into account when taking your instructions.
It is common these days for family situations to be complicated, such as children from a previous partner and family members living abroad. These are just examples of situations where we can advise you accordingly and can make sure that provisions are made in accordance with your wishes.
The law surrounding Wills, Inheritance Tax and Trusts is complex and as Lawyers we are well trained in this area and will be up-to-date with the law and able to advise you accordingly. The complicated bits will be done for you and all you need to do is explain what you want to happen. It is the Lawyer’s job to make it workable.