Wills and Probate
A surprising number of people put off thinking about making a will despite the fact that a lawyer can make the process uncomplicated, enlighten you on many points and give you real value for money. At Peace Legal, we work with you to make the whole process as straightforward as possible and help to ensure you have covered all the important points.
Make a Will – it won’t kill you!
Despite living in an age of ever more complicated financial affairs and intricate family relationships, Government statistics show that more than two-thirds of those who die did not make a Will.
A Will – or lack of one – has featured in many a tale, from Dickens to plots in Eastenders! Dealing with the estate of a deceased who did not make a Will or updated an existing Will, has ripped families apart and caused financial and emotional misery and deep-seated rifts that may never heal. Not what the deceased would have wished for!
The Treasury regularly makes in excess of £70 million from estates where people have died without making a Will (“intestate”) and close family members cannot be traced. But the fractured nature of modern families and an increasingly litigious society means that making a Will is more important now than ever.
Many people cannot face the prospect of their own mortality – but unfortunately that won’t stave off the Grim Reaper! It is often said: “the only certainties in life are death and taxes”, and it is not just the elderly and the terminally ill who die.
There are many reasons to make a Will;
saving of Inheritance Tax (IHT);
saving of potential future care home fees;
appointment of Guardians for infant children;
appointment of Executors to look after your business;
to make sure that your wishes are carried out in respect of gifts, legacies and your own funeral;
to ensure that those you DO wish to benefit are named in your Will and, conversely, those you DON’T are left out.
But whatever the reasons, having a current, valid, thought-out Will makes things so much easier for your nearest and dearest in the event of your death. Dying intestate can leave an utter mess. Even if you think you do not have major assets to leave, making a Will is useful to appoint an executor so that they have the authority to deal with matters and tie up your affairs.
So – if you haven’t made a Will, or if you have made one and not reviewed it for a while – now is the time to contact us. It is not a morbid or expensive exercise and here at Peace Legal we are confident that we can guide you through the Will making process in a manner which is clear, helpful and efficient.
Telephone, email or send us a message online to make an appointment today.