What is a Will?
- A Will is a legal document that will plan out what you would like to happen to your estate after your death.
Why do I need a Will?
- To ensure assets are given to your loved ones as per your wishes.
- To give you peace of mind and your family less stress at an already difficult time.
- Having a Will can prevent unwanted Inheritance Tax, with the right provisions in place.
What happens if I don’t have a Will?
- Your wealth and assets will not be given to people you choose.
- There will be no arrangements in place for any children you may have.
- If not married your partner will not automatically get everything.
How do I make a Will?
Anyone who wishes to protect their hard-earned wealth and assets.
A trustee is a someone who administers property or assets for the beneficiaries.
Minimum of 2, maximum of 4
An executor oversees making sure the wishes of the deceased are followed in accordance with the will, obtains grant probate, Pays any inheritance tax to HMRC
Minimum of 1, maximum of 4
A beneficiary is the person/s you would like to leave your assets to.
The estate will go into intestate, the estate will then be distributed accordingly