Get a peace of mind will
Most people know that making a will is about wrapping up your affairs and ensuring that your wishes are acted upon after your death.
Sometimes people will choose an online will but online wills can be full of holes and pitfalls. It is a low-cost option, but we have clients who have seen us after completing this kind of will and they’re anything but robust, and could easily be challenged through the courts.
With something as important as a will, it is always prudent to seek legal advice. Our solicitors can turn your will around in 2 weeks and our fees are very competitive. It is a time and stress saver for you and your family.
But first, let’s first discuss the elephant in the room…
What happens if you die without a will?
If you die without a will, you are said to die ‘intestate’. In this situation, the statutory rules in section 46 of the Administration of Estates Act 1925 decide who should inherit your estate.
However, these statutory rules might not match your wishes, or even be appropriate to your family’s circumstances. If you do not have any immediate family, the statutory rules could divide your estate amongst distant relatives. These are people you may have had no contact with for many years, or may never have even known existed!
Locating relatives could take considerable time and effort, which is an expense that will come out of your estate. This would likely delay finalising your estate too.
This can all be avoided by preparing your will as soon as possible, no matter your age. A will makes everybody’s life easier and prevents major disputes within your family.
Why should I make a will?
You should always make a professionally-created will if you have assets to leave upon your death. There are several reasons for this:
- A will acts as a statement of your wishes. It avoids the ‘mum wanted this…no, mum wanted that’ debate.
- It helps provide certainty as to your intentions and this is definitely advantageous, even if the statutory rules referred to earlier already do what you want to do. Don’t leave it up to statute to tell your loved ones what you wanted!
- Moreover, a professionally drafted will uses industry standard wordings and clause structures, which help avoid interpretation issues that can bedevil homemade wills.
A professional will also appoints an executor who is a person you choose. They’re often someone that you trust and are confident they will act appropriately during your estate’s administration. They will be in charge of your affairs after your death, without the unseemly ‘rush’ or ‘competition’ to control your affairs.
Our solicitor can advise you on tax or care home fee liability, ensuring that your wishes can be realised without your loved ones incurring any unexpected financial liabilities.
A professionally drafted will provides you peace of mind that your wishes will be honoured after your death, with little additional stress on your family.
When you work with a professional, most wills are uncomplicated.
Your will doesn’t have to itemise everything out to the last detail. It doesn’t even have to leave exact amounts to specific people. You could simply leave your entire estate to successive people, or for various people to receive specific shares.
A will can become more detailed if you include a trust, for example for minor children and grandchildren until they mature. We’ve handled thousands of such wills.
Even if you have a complicated estate or family, your solicitor can ensure everything is clear and relatively straightforward. We can advise you about the available options.
When your will is completed
If we’re completing your will for you, we store the original in our strongroom free of charge.
We hold the original will for a few reasons:
- Our strong room is secure and the documents held there are insured.
- If documents are retained in our strong room this reduces the possibility of them being lost, stolen or accidentally damaged over the years.
- We are often the executors of our clients’ wills, so for legal reasons need to have access to the original will.
Please remember to let your family know who has the original version of your will. Of course, we can provide you with a copy.
Preparing a will is one of life’s best investments.
Even if you don’t have a lot to pass on, having a legally robust will in place is worth its weight in gold. It ensures your instructions are acted on, and will be so much easier for those you leave behind. Your family will be distraught enough without having to deal with the avoidable problems posed by intestacy, or a poorly drafted or executed online will. So the earlier you can create your will, the better.
At Hutchinson & Buchanan, we charge between £300 and £400 + VAT for a single will, and between £500 and £700 + VAT for two wills or mirror wills (depending upon the length and complexity concerned).
We can handle death bed wills too; call us for details.
Next steps
We make the process as painless as possible and can turn around your will in two weeks. Call Louise today on 01765 602156 to book a will appointment with partner, Richard J. Storey.
“I have no hesitation in recommending H&B to others. Every aspect of the service they have provided has been first class, not simply in the execution of a recent transaction, but also in the informal consultation and advice that has been offered on a broader range of legal issues.”
Address
77 North Street
Ripon
North Yorkshire HG4 1DP
Phone
01765 602156
Fax
01765 690018
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