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The topic of wills may not be a frequent subject of dinner table conversations. However, it holds immense significance in securing your legacy and the future well-being of your loved ones.
Surprisingly, a National Will Register report reveals that less than half of UK adults have a will in place. Making a will often gets overlooked or postponed. But the consequences of not having a will can be considerable. This article delves into the importance of making a will, explores the reasons behind this critical task, and emphasises the value of seeking professional advice.
Statistics indicate that two-fifths of UK adults have not discussed or documented their instructions for after their death. This leaves their financial and personal affairs in uncertainty.
This gap in will-making is a cause for concern. It it can lead to a host of legal and family complications.
Making a will is a responsible and caring act towards your family and loved ones. It ensures that your wishes are respected, and your assets are distributed as you see fit.
The absence of a will can result in intestacy. This is where the state determines how your estate is distributed, which may not align with your intentions.
While writing a will may seem straightforward, there is much more to consider than meets the eye.
Here are five reasons to consider using a solicitor to write your will:
Probate is the process of dealing with the estate of someone who has died.
Our top tips for probate include:
If you are considering making a will, it is highly recommended to seek professional advice.
Clients often ask us about wills. We have learnt some valuable advice and guidance regarding wills and estate planning that we are happy to share
However, it is also beneficial to reach out to a legal services provider to discuss your requirements and wishes in more detail.
Many of our clients have used a local award-winning Solicitor-Advocate called Francis George Solicitor-Advocate. Whilst we cannot endorse their services and hold no relationship with them, we have heard great things about the cost-efficient family legal services they provide in Witney, Swindon, and nationwide. What’s more Francis George Solicitor-Advocate recently won Solicitor-Advocate of the Year in the Legal Excellence Award category at the Berks, Bucks & Oxfordshire Law Society 2023.
Ross Peters Director and Family and Probate Solicitor at Francis George Solicitor-Advocate says:
“Thinking of a time when you won’t be around for your loved ones is often difficult and something many of us put off until it is too late. It is important to make a will as it ensures that your money, property and possessions are left to those that you want it to go to. If you have young children making a will also means that you can appoint Guardians to look after them. We advise that you review your will every so often to ensure that it reflects those that you want to protect in the future. It can be updated following a marriage, a new relationship and any children or grandchildren that you may have.
We can also advise on a Lasting Power of Attorney, ensuring that if you become unable to make decisions at some point in the future, a named person can make those decisions for you.
At Francis George Solicitor-Advocate we have solicitors with experience at drafting wills to accommodate your wishes and can also advise on any potential estate planning issues. Make sure you have a will in place and do not leave it to chance.”
Creating a will is an essential step in securing the future for both you and your loved ones. It brings peace of mind and ensures that your legacy is managed according to your wishes. So, our advice is please don’t procrastinate; take the initiative to protect your assets and the well-being of those you care about by making a will.
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