Why do I need a Will?
If you don’t have a Will when you pass away you will “die intestate” which means dying without leaving a valid Will. If this happens the ‘intestate person’ will have their property shared out according to The Rules of Intestacy.
The Rules of Intestacy don’t necessarily distribute assets in the most tax efficient manner and do not always distribute assets in a way that a deceased person would have wanted. If your estate is worth more than your debts and the cost of your funeral then it will be shared out with your registered legal partner (wife, husband or civil partner) getting the first £250,000, your personal possessions, and half of what remains after that, is split with any children you have once they reach the age of 18.
If you die without leaving a Will some of your closest family members could be left with no right to inherit anything, this could include unmarried partners, close friends, carers or relations by marriage.
By making a Will you can avoid your loved ones experiencing financial difficulties and can ensure that your money and assets are left to who you want them to be, rather than being governing by The Rules of Intestacy.
“I would encourage people to make a Will. On too many occasions I have seen the emotional distress families have suffered as a result of their loved one dying intestate. It’s painful enough losing a loved one, so you don’t want the extra distress which can result when people die intestate and your loved ones wishes cannot be carried out.” Mark Hawkridge, Head of Private Client
Estates (Probate or Letters Of Administration)
It is painful enough losing a loved one but then having to deal with their financial affairs can be just too much. In these circumstances you need help from an experienced Probate lawyer who will deal with you sympathetically but will deal with the business side as quickly and efficiently as possible.
HOME VISITS AVAILABLE
If you cannot come to us we can come to you! Whether you need a Will, help with administering an Estate or a Lasting Power of Attorney, Mark is happy to visit you or your relative, at home, in hospital or in residential care.