Over 70% of the UK population do not have a current Will, which inadvertently creates uncertainty for those left behind.
By writing your Will, you will have the peace of mind of knowing exactly how your money, property and possessions will be dealt with after your death and will help to reduce the emotional stress of those left behind. In addition, by structuring your affairs at this stage, you can look at how to minimise any liability for Inheritance Tax.
The most common reasons people cite for not having a Will include thinking they are too young, that they do not have anything worth passing on or that they simply do not have time.
There is no right or wrong time to make a Will but having one provides much needed peace of mind for those who you leave behind and does much more than confirm who shares in your assets on death.
Contact UsAt the same time as considering your Will we strongly recommend that you also put in place plans for any future incapacity. This will ensure that if you somehow become unable to make decisions about your finances, your medical treatment or living arrangements then the person or persons who you trust to make these decisions can do so unhindered.
We recommend you review your will every 5 years or immediately if any changes are required. Contact us to find out more or to arrange a free initial consultation.
Prices:
Basic single Will with no additional tax advice: £225.00 + VAT;
Basic mirror Wills with no additional tax advice: £300.00 + VAT;
In the event that your estate involves complexities which require tax advice or the inclusion of tax efficient measures, you will be given a detailed breakdown of the costs involved prior to the commencement of your instruction.