Statistics indicate that at least seventy percent of adults do not have a Will.
The reasons for making a Will are unique to the individual.
The main benefits of putting in place a Will are as follows:
• It gives you the peace of mind of ensuring that you leave what you own (your estate) to your chosen heirs.
• Making a Will ensures that you avoid the rules of intestacy, which is the law which dictates how your estate is distributed if you do not have a Will. Relying on the intestacy rules is dangerous, as they are inflexible and may lead to unexpected results. In particular, if you are not married to your partner then they, nor your step-children, would be entitled under these provisions.
• You choose your own Executors. These are the people who are responsible for administering your estate.
• You can appoint a guardian for any infant children.
• You can use your Will as a means of protecting your assets for your family if you were to go into a Nursing or Residential Home at some stage in the future
• You can use your Will as a means of protecting assets for a disabled family member, or if you are concerned that a beneficiary might waste their inheritance through excessive spending, debt or divorce.
• You can indicate in your Will your wishes in relation to your funeral arrangements.
The making of a Will is the starting point in putting your affairs in order.
The process begins with arranging an initial meeting with a member of the department in one of our offices in Dewsbury, Wakefield and Horsforth so that we can thoroughly understand your circumstances and needs. It is possible from this initial meeting that we might identify other opportunities which you might wish to address.
We recognise that the making of a Will is a very personal experience. It therefore forms part of our bespoke service to our clients.
For a consultation with a member of our team to find out how we can help, call 0330 300 1103 or request a call-back.