Should I make a Will?
We are all so focussed on everyday life, we often put off thinking about the inevitable. What would happen to your money, your house, your children, your pets and your belongings if you were to die?
Why is it important to make a will?
If you die without making a will, there are certain rules in law that dictate how your money, property and possessions would be allocated. This may not be the way that you would have wished your money and possession to be distributed.
If you have an unmarried partner or a partner with no registered civil partnership, then these people cannot inherit from you unless there is a will, so the death of you or your partner may create serious financial difficulties for both of you. There is no such thing as “common law” husband or wife in the eyes of the law.
If you have childrenthen a will can be used to create arrangements for the child if either one or both parents die.
By making a will, you may also reduce the amount of inheritance tax that is payable on the inheritance if advice is taken in advance and a will is made.
Is it true that I can make a will myself, and if so, why should I bother paying for one to be created?
Yes. It’s true, you can make a will yourself – you don’t have to have it drawn up or witnessed by a solicitor. However, it does have to meet formal requirements for it to be legally valid. A “home-made will” has a higher risk of invalidity and more likely to be successfully challenged. Here at Holden Smith Law, you simply tell us what your wishes are, and we will worry about the rest – no hassle, no fuss. Simple.
What if my circumstances change?
If your circumstances have changed then it is important that you make a will so that your money and possessions are distributed according to your wishes. E.g. if you have separated and your ex-partner now lives with someone else, you may wish to change your will. Reversely, if you get married or enter into a civil partnership, then this shall invalidate any current or previous wills which you have made.
You can make a new will as frequently as required, if your circumstances change.
The benefits of using Holden Smith Law to make your will
Home visits available
Prices for a single will start from £195 plus VAT and for a couple from £295 plus VAT
Free secure storage of your will
Friendly, professional, helpful service
We use easy to understand language, no complicated legal jargon!