It is estimated that around 70% of the adult population do not have a Will. Without a Will the law decides who will inherit your estate, who will look after any minor children, and who will administer your estate. Making a Will allows you to make all of these decisions yourself, as well as:
- Providing for an unmarried partner, step-children, friends or charities who are NOT provided for by the general law;
- Ensuring that your estate will be administered as quickly as possible;
- Protecting your estate for future generations be that from inheritance tax or care home fees;
- Protecting your estate from the unnecessary payment of Inheritance Tax or Care Home Fees.
If you already have a Will, and your circumstances have changed, then you should update your Will. Life events such as births, deaths, marriages, divorce, retirement and buying or selling a house can all impact on the value of your estate and the way you wish to leave it. We recommend reviewing your will every few years to ensure it reflects your intentions and look at how any changes may affect it.
Future events may result in you becoming unable to make decisions for yourself due to physical or mental incapacity, whether brought on by an accident, illness or old age. A Lasting Power of Attorney can help in these situations by giving someone else the authority to make decisions on your behalf. A Lasting Power of Attorney can be made in relation to your ‘Property & Financial Affairs’ and ‘Health & Welfare’.
Our lawyers are not only experts in their field but they are also easy to talk to. We pride ourselves on delivering practical advice that is easy to understand on all legal matters, including Wills, estate administration, wealth preservation, care home fee planning and Lasting Powers of Attorney. We also have specialists who can help you with buying or selling you home whether it’s in the UK, France or Spain.