All too often clients present us with an invalid homemade will or have no will at all. A will of course is not just for the elderly and means you can determine exactly who gets what after your death and who would look after any minor children.
Making a will allows you to ensure your property passes to those who you wish to benefit and enables you to plan your estate to maximise tax saving provisions.
If you die without a will the State then decides how your estate will be distributed in accordance with the rules on intestacy. This can be a costly procedure and will reduce the value of your estate. It can also be emotionally difficult for those you would want to benefit from the estate.
With a carefully drafted will you can also save on Inheritance Tax and make full use of the nil band rate. We also act as executors and administrators for many estates.
National Legal Services can advise you on how you can
This month
£20 off Mirror Will(normal price £150.00) &
£15 off a single will(normal pric £105) - PLEASE - don't be tempted
to use DIY Wills or FREE Wills. They may save you a small amount now
but one mistake could cost your beneficiaries a fortune and, at worst
invalidate your will.
We
have written wills for thousands of people and without doubt we are one
of the most knowledgeable will writing companies in the UK.
Safe Storage of Your Will
One in four wills that are written, and not stored, can NEVER BE
FOUND. We offer safe, secure storage of your wills for a nominal annual
fee. Not only can you store your wills, but you can also store your
Enduring Powers of Attorney, Title Deeds, Letters of Wishes and any
other important documents.
Most important of all is that you will be entitled to a FREE
annual review of your will.
If a loved one has died with assets of more than £5,000 then, if there is a Will, the executors must apply for a Grant of Probate or, if there is no Will, the next of kin must apply to the Courts for 'letters of administration'.
Thereafter, the form fining, letter writing, phone calls and general sorting out of someone's estate can be quite stressful and very time consuming, especially if there's a property to sell. However, everyone agrees that banks and solicitors charge far too much for probate work.
Often they quote a percentage of the estate varying between 3% and 5%, plus an hourly charge which is higher than some people earn in a week (usually between £200 to £300 per hour) - without committing themselves to how many hours, plus disbursements - whatever they are.
We also provide an excellent Probate Service for Executors and Administrators, obtaining a grant and subsequently administering an Estate at a resonable cost to you. We can remove the stress and worry of such an important responsibility.