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Making a Will | ||||||||||||||||||||||||||||||||||||||||||
| Many people wrongly believe that they
don’t need a Will because their property and possessions will
automatically pass to their spouse, civil partner, partner or next
of kin - but if you die without making a Will your property and
possessions will be distributed according to the intestacy rules and
these may not properly provide for your loved ones. Making a Will allows you to say how your property and possessions
are to be divided and to ensure that any family members in need of
care are properly provided for. It also relieves those that you
leave behind from unnecessary stress at a time of great emotional
upset. If you are not married or in a civil partnership your partner
will not inherit automatically - making a Will ensures that proper
provision is made for them. If you have children you should make a Will so that arrangements
are in place for their care should both parents die before they
become 18 years old. For clients whose affairs are straightforward we offer a fixed
price Will writing service of £75.00 plus VAT for a simple Will and
£125.00 plus VAT for mirror wills. For clients with higher value estates we provide a full estate
planning service working with your accountant and financial advisers
to give effect to your wishes and to minimise the tax burden to your
estate and beneficiaries. Its easy to put off making your Will but the unexpected can
happen at any age and you owe it to your loved ones to make sure
that you have made proper provision for them and to relieve them of
the unnecessary burden should you die without a Will. It is important to review your Will every few years to reflect any changes in your financial or family circumstances as well as to reflect changes in the law or taxation. We will be happy to review your current Will with you and to recommend any changes that are necessary Mirror Wills Simple Mirror Wills are designed for use by spouses, civil
partners, or co-habiting partners in long-term relationships. As the name suggest Mirror Wills normally reflect each other -
usually by each partner leaving everything to the other - then
passing down to any children and grandchildren. A simple Mirror Will will not protect your assets from Inheritance Tax or your property from local authority care home fees but in the case of the majority of people they are more than adequate. Simple Wills A Simple Will appoints your executors, your wishes as to your
funeral arrangements, details of any specific gifts and provides for
the distribution of your remaining property and assets. A Simple Will is suitable for those who simply want to ensure
their assets and property pass to beneficiaries of their choice and
not in accordance with the intestacy rules. For further advice please call us now on 01902 429051 or email cr@rnwilliams.com
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© 2010, R N Williams & Co is the trading name of R N Williams & Co Ltd, company number 06115670, registered in England and Wales. All rights reserved. Registered Office address : 53 Waterloo Road, Wolverhampton, WV1 4QQ. Solicitors Wolverhampton | Conveyancing Wolverhampton | Wills and Probate Solicitors Wolverhampton
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