Are you thinking about making a Will?
If the thought of writing a will leaves you feeling anxious or awkward, you are not alone. More than half of UK adults have no provision and therefore, no control about what will happen to their estate after their death.
At ORJ Solicitors, we understand that talking about your will with your family can be difficult.
That’s why we are here to take away the worry and provide you with honest, friendly and above all, practical advice on where to start.
We can help you plan today, for whatever lies ahead.
Here are our top reasons why you should have a will:
- Stay in control. You choose who will benefit from your estate and what they are entitled to. You also decide who will administer your affairs after your death.
- Care for your loved ones. If you do not write a will, everything you own will be shared out in a standard way as defined by intestacy rules – so the people that matter to you might not receive what you had planned.
- Lower inheritance tax. A will can help reduce the amount of inheritance tax that might be payable on the value of the property and the money you leave behind.
- Reduce disputes. When you make a will through a qualified solicitor, you reduce the chance of a problem or dispute arising after your death.
- Keep it simple. It is often quicker, cheaper, and far less stressful to administer an estate where there is a will.
- Preserve assets. A will enables you to preserve assets for beneficiaries. For example, if you have a property and/or business interests, you may want those to go to certain people while leaving further assets to others.
- Safeguard your children’s future. You can nominate someone to act as a guardian for your children (if you die while your children are minors).
- Protect vulnerable family or friends. You can nominate a trusted friend or family member to manage the inheritance you leave to a disabled or vulnerable person. This can ensure the intended beneficiary does not lose his or her means-tested benefits.
- Minimise court intervention. While a will can sometimes be challenged on the basis that it is unfair, the courts are generally more reluctant to interfere with the provisions made in a will than those provided for by the intestacy rules.
- Plan a great send-off. You can record your funeral wishes in your will to help your family and friends at the most difficult time.
Whether you want clarity over how your estate should be distributed after your death, to save your beneficiaries from paying unnecessary levels of inheritance tax or even to leave a sum of money to your favourite charity, we can help.
We will work with you to remove the stress – and the anxiety – ensuring you have a will that is sound and secure for your family’s future.
Click here to view our Fee Schedule for Wills, LPA’s, Probate and Ancillary documents.
Call Adam Smith at ORJ Solicitors on 01785 223440 today, to find out how we can help.