Nobody likes to think about what will happen when they are gone. The honest reality however is that the consequences of not dealing with it are simply not worth it.
Find out more about the costs involved and what service is included on our fees page.
When it comes to making a Will you have three options:
If you die without leaving a valid Will, it can lead to unexpected consequences and those dearest to you may not benefit from all that you wanted. Another important aspect of a Will is that it appoints a person (a Personal Representative) to manage your estate and that appointment is effective from the moment you die; without a Will, only the court can constitute a Personal Representative. A Will is therefore an extremely important document.
While this is clearly a better option than not making a Will at all, there can be a major downside. If the homemade Will fails to take account of legal formalities and is not drafted correctly or executed properly or does not address recent changes in the law, it may result in an outcome similar to not making a Will at all, which is definitely not what you intended. The fact is there are many considerations and possible pitfalls when drafting a Will; tax implications being only one of them, which may not be readily apparent.
The best-case scenario. There are a number of organisations you can approach to make your Will. You need to ensure that whoever you instruct has the necessary expertise in all aspects of Will drafting and that they are qualified to advise you on the various elements of estate planning and adhere to a professional code of conduct.
At My Local Solicitor Ltd. we are all solicitors and qualified to provide the advice you need. As such, we are authorised to act and are regulated by the Solicitors Regulation Authority and act in compliance with the Solicitors code of Professional Conduct. We also follow the STEP code for Will preparation in England & Wales.
At My Local Solicitor Ltd. we take time to understand your own individual circumstances, including the size of your estate and your family composition. We then ask how you want your estate to pass and advise on the most effective way of doing this, taking into account any other major factors, such as taxation.
Here at My Local Solicitor Ltd. we are dedicated to making the whole process feel as smooth and hassle free as possible. We will even come to you! At the end of the process you will feel productive and totally in charge and control of your own financial affairs.
We can also arrange for the will to be stored for you at the Probate Registry in order to avoid any possibility of a “missing will”. What My Local Solicitor Ltd. offers can be summarised in three words: peace of mind! With our extremely competitive rates, there really is no reason not to have a will professionally drafted.
My Local Solicitor Ltd are now participating solicitors for Cancer Research UK’s free Will service. Give us a call for further information.
My family and I could not recommend Marta Williamson of My Local Solicitors more highly for her sensitive approach and we would warmly and gladly recommend Marta to any of our friends, colleagues and network contacts, and I have already recommended Marta to a few good friends and work associates.
Marta made the whole precess painless. She was efficient and her advice was priceless. She even prepared an interim will for me, which I was not aware I could do.
I write to thank you personally for the fantastic service you recently supplied when carrying out the drafting of a will for my partner Ewelina.
I would like to thank you for doing our lasting power of attorney both for the business and for my mother-in-law it was very quick
and easy, and you explained everything to us before you proceeded.
Why do parents need a will? If you die without a will, a complex set of laws known as the intestacy rules come into effect. The intestacy rules are made for all those who have not made a will and unsurprisingly rarely reflect parent’s specific wishes. It’s not all about money: most importantly, making a […]
What is a witness? In order for a will to take effect, it must be correctly signed by the testator (the individual making the will) as well as two independent witnesses. Anyone over the age of 18 with mental capacity can witness a will, such as a neighbour, friend, GP, solicitor or members of staff […]
What is an Executor? In short, Executors are people authorised by a Will to deal with a deceased’s estate. They are also responsible for ensuring that the instructions set out in the Will are carried out. This formal authority is obtained by “proving” the Will at the Probate Registry, which issues a grant of probate […]
