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Wills and Will Writing video transcript

If you die without a Will, your family will have to go through a complex and often expensive process to establish who inherits your assets, and this may not be the people who you would wish to inherit.

You might assume that you don't need to make a Will. That your affairs are simple and that your spouse or partner will inherit everything you have. This is a common misconception and in many cases it's not actually what happens. Although your spouse can make a claim from your estate up to a certain value, they do not automatically inherit everything, and if you cohabit but aren't married your partner will have no automatic rights when you pass away, and will need to make a formal claim through the court if they wish to inherit anything.

Such stressful complications can be avoided by putting a simple Will in place. It's also sensible for parents who have young children to have a Will.

A professionally drafted Will can set out who will be your children's guardians if you unexpectedly pass away before they reach they age of sixteen and will make sure that this instruction is followed. A Will can also be drafted to include trust provisions so that if you die whilst your children are still young trustees can be appointed to look after their inheritance for them until they are older. You can also delay the age that your children will eventually receive their inheritance to protect them from the dangers associated with inheriting substantial amounts of money at a young age.

If you'd like to have a no-obligation chat to discuss your situation and the options available to you please get in touch today using the telephone number or enquiry form on our website.
 

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