Your Will ensures that you decided what happens to your estate after your death; including money, property and possessions and who you wish for them to be gifted to.
When should you write or change your Will?
There are key stages of life where wriitng or updating your Will (known as a Codicil) is very important to make sure your wishes are upheld.
If anything changes in your personal life you should make sure your Will is accurate and accounts for those changes such as:
- The birth of children or Grandchildren
- Marriage or Divorce
- When you purchase a home or move house
- Someone named in your Will passes away
- If your financial position changes
A professionally drafted Will is likely to save costs in the long run, by ensuring that all foreseeable eventualities are covered, and that errors are not made which can lead to the invalidity of the Will or even litigation.
By appointing Executors, Trustees and Guardians in your Will, you ensure that your estate is dealt with by people of your choice, and that the welfare and inheritance of any minor children are protected.
As everyone’s family and financial circumstances are different, it is important that we discuss matters fully with you, in order to prepare an effective and accurate Will.