Wills
A will is one of the most important legal documents you’ll ever need a solicitor to prepare for you. It specifies who you want to benefit from your estate when you die and can ultimately ensure the financial future of those you care most about.
Of course, you don't have to make a will. It’s your choice. If you don’t the law will prescribe who gets what, when you die, and that’s fine if you have no preference for who benefits from your estate. But if you want your wife or husband to get everything there’s a very good chance they won’t. If you have children then a spouse can inherit only a proportion of your estate with the rest passing to your children. (It is a little more complicated than that as it can depend on the amounts involved and if the spouse is a co-owner of assets, but the point remains the same).
And if you wanted to benefit a god-daughter or a close friend, for example, then they would not be on the list of people who inherit. The only way to make a gift to them is to do it while you are alive or in a will.
Even if you have tried to make provision in the form of a will, you will need to be certain that it is legally valid, covers all of your estate and has taken into account and catered for all eventualities – e.g. what happens if one beneficiary predeceases another? There are many instances of wills being challenged, either through necessity or as a result of a “technicality”, and such cases generally tend only to benefit the legal profession, whilst causing additional upset, cost and turmoil for those you hold most dearly.
Make a Will. Don’t put it off.
If you want to protect your loved ones, call us now on 01908 32 55 55. We’re professional will writers trained in the law. For the reliability of dealing with lawyers, Kingsley David solicitors in Milton Keynes can help you secure your loved-ones' futures when you are no longer around.
