You are probably worth more than you realise. Your home is a very valuable asset, and you should consider carefully what will happen to it in the event of your untimely death.
Without a Will your estate can become muddled, expensive to adminster,
and easily fail to benefit those you would most want it to.
This is particularly important if you and your partner are not married because, contrary to popular opinion,
in English law there is NO such thing as a "Common-Law" spouse.
So your current partner could loose out to a former spouse or other claimant.
For a relatively small outlay you can rest assured that your affairs will be handled
in exactly the way you want them to be.
In your Will you can:-
- Appoint responsible executors; people you know will administer your estate and can deal with all the paperwork.
- Look to reduce the amount of your estate that goes to tax.
- Make provisions for the unfortunate circumstance of you and your spouse/partner both dying at the same time and leaving your children as orphans.
- Appoint caring people as guardians for your children, to bring them up as you would wish.
- Specify who is to inherit your property.
- Make specific gifts of cash, jewellery etc., to those you would like to have them.
- Specify who should benefit if you primary beneficiaries should also die.
- Reduce the possibility of unforseen claims upon your estate, or disputes regarding its distribution.
- Establish a trust for young children, to ensure they have cash for educational purposes, or to restrict access until they are old enough to handle the money properly.
- Specify if you wish be buried or cremated, and give details of any particular type of Service or Memorial you would like.
Your Will is an important Legal Document and to minimise the possibility of
its provisions being successfully challenged, it should be drawn up by a properly qualified
solicitor.
Seeking to save just a few pounds on the preparation of your will could leave your chosen loved ones considerably worse-off after your death.
For peace of mind ring Claire Harrison on
01245 264748, between 09:30 and 17:00 - or
just click this link to e-mail Claire - NOW.
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