If you die without making a Will the law takes over and says how your assets will be divided. 

  • Your spouse may not receive everything - other family members will also have an entitlement
  • Your partner will not receive anything - "common law spouses" have no rights
  • Anything left to your children will be received by them at 18 - are you worried this is too young?  Do you want to be able to decide who will look after their money for them until they reach 18?
  • If you are single with no children your parents would receive all your assets

By making a Will you can be certain your assets will pass as you want.

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Making A Will – Tax Issues

Most people are worth more dead than alive. Think about the value of your home and insurances, not to mention pension and work death benefits - it all adds up.

Tax can often be avoided or reduced by carefully making a Will - so don’t give the taxman more than he is due.

 

Do I Need A Solicitor To Make A Will? 

Technically not, but what you write in your Will may have a different legal effect to what you meant when you wrote it.

A solicitor has the expertise to make sure your Will says exactly what you want it to. Remember, solicitors generally earn more fees from solving the problems created by home-made Wills than they do from making them in the first place.

 

What Will Making A Will Cost?

A simple Will may be cheaper than you thought. Whatever the cost, you can't afford to get it wrong - it won’t matter to you, but your beneficiaries may suffer.

It is important to realise that your circumstances change and so does the law, so always keep your Will reviewed. We would be happy to take a look at your current Will and make sure it is right for you now.

If you are going to make a Will, you should consider the following points:

  • Your personal and partner's details
  • Executors
  • Funeral wishes
  • Guardians
  • Gifts of your possessions
  • Cash gifts
  • Residuary gifts


If you would like to have a chat about your options or how we may be able to help you please contact a member of the team below, complete our call back form  or contact us directly at your local office.

Your Wills, Trusts & Probate Team

Helen Biglin

Partner

Helen qualified as a solicitor in 1993 and at that time joined Walton Hardy & Clough in Darlington as a member of their Wills, Trusts & Probate team.…

Michelle Coulson

Solicitor

Michelle qualified as a solicitor in 2006, specializing in criminal law. In 2013, Michelle also trained in private client services and private family…

Holly Naylor

Solicitor

Holly began her legal career as a paralegal in BHP Law’s Family team. She completed her first training seat in the Personal Injury team managing road…

Peter Leach

Legal Executive

Peter is a Fellow of the Institute of Chartered Legal Executive and has over 35 years experience in dealing with Probate matters. Peter joined BHP Law…

Laura Vipond

Legal Executive

Laura has worked in the legal profession for 20 years. She completed her training at J W Mitchell Dodds & Co and remained at that firm when it merged…

Lisa Wright

Trainee Legal Executive

Lisa began her legal career with BHP Law in November 2003 when she joined the personal injury department in a secretarial/support role to assist three…

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