Last will and testament
A last will and testament is a legal document detailing your wishes about what you would have happen to everything you own after your death. Even if you feel that you do not have any significant possesions or amounts of money, or if you feel you are too young to worry about such things, a will can be an important safety measure, and you’re never too young to have one.
If you die without a valid will in place, intestacy laws will dictate how your estate is distributed and who gets what. If you are unmarried or you have not registered as a civil partnership, you will not inherit from each other unless it is specified in a will. Not having a will could cause serious heartache and financial distress to the surviving partner. It may also be possible to avoid or reduce any inheritance tax payable, if advice is taken in advance and a will is properly drafted by a specialist solicitor.
Providing for your children
If you have any children under the age of 18, it is crucial that you make a will indicating who you would like to appoint as their guardian in the event of your death, and detailing any other arrangements you wish to make concerning your children.
Amending your will
Maybe you are saying to yourself, I have a will already, and it is valid. If your circumstances change it is vital that you keep your will up to date, to ensure that your money and possessions are distributed according to your wishes. If you have recently married, had a baby, or even had a death in your family take a look at your current will and see if you need an amendment.
Find the right solicitor
If you want to draft a single or joint will, amend a current will, or you are just looking for some legal advice regarding wills, probate and trusts, contact one of our wills solicitors today. Offering expert legal advice and a professional will writing service, our solicitors are ready to help.