making a will
making your wishes known , or who gets what when youre gone
We will help you to make your wishes known to ensure your wealth and possessions go to the ones you love.
Giving you peace of mind knowing that you have reduced the likelihood of disagreements when you die.
WHY MAKE A WILL?
Whether or not you consider yourself to have much money or many possessions, it is important to make a will for the following reasons:-
- If you die without a Will (in legal terminology this is known as an Intestacy) your
estate may not pass to the person(s) you would wish to benefit from it.
- Unmarried couples, partners and those not registered under a civil partnership, cannot automatically inherit from one another unless a valid Will is in place.
- If you have children (particularly young children) having a Will can allow you to make arrangements for them should one or both parents die?
- Even if you do have a Will and your circumstances change, i.e. through divorce or separation, or if you have recently married (the act of marriage automatically invalidates an existing Will) you should make a new one.
WHY COME TO US?
Whilst it is not necessary to make a Will through a Solicitor it is advisable to do so. Recent figures released by the Court Service indicate that disputes arising from homemade Wills have to lead to a 175% increase in proceedings to the High Court. This can be a traumatic and needlessly expensive exercise, resulting in the distribution of the Deceased’s estate being delayed, sometimes for years.
At Murray Kelly Moore Solicitors we can take you painlessly through the Will process. From the first step of taking your instructions, and providing advice on the type of Will to use, to its preparation and execution.
Additionally, we can provide advice on Inheritance Tax and Trust Planning, and will liaise (if necessary) with your Accountant and Financial Advisers in order to complement the entire overview of your affairs.
We are also happy to provide home or hospital visits if required.
WHAT DO I NEED TO DO NOW?
Before coming to see us you should give some thought to the following:-
- Who do you wish to appoint as your Executors – it is their duty to oversee your Will and ensure that your instructions are carried out.
- How much money and what property and possessions do you have; for example savings, properties, shares, personal and occupational pensions.
- Who do you would wish to benefit under your Will?
- Who should take care of any children (if under 18)?
Once you are ready, arrange an appointment with Sharon Moore who would be delighted to meet with you to discuss your personal will requirements.
WHAT CLIENTS SAY?
KIND WORDS FROM MY LOVELY CLIENTS
"thanks so much for sorting this out - we wish Malcolm had left a formal will - he had no idea how complicated it all was without one"
"Thoughtful and caring throughout, no attention to detail spared, thankyou "
"It is impossible to express my gratitude for all you have done - saved me years of stress and anxiety - everyone in the family is pleased too - thought I'd let you know "
Frequently Asked Questions
A trust is commonly used to help minimise tax payments, control your assets, protect your legacy and look after your loved ones.
There are many different types of trusts, but the general principle is that through the creation of a trust, the trustees look after assets on behalf of beneficiaries.
At MKM Solicitors we can help arrange your trust in a manner that best suits you and your wishes.
Through a trust you can:
- Protect any compensation payouts
- Make a gift of your family home
- Ensure your heirs have timely access to your Estate
- Administer your Estate privately (rather than through probate which becomes a matter of public record)
- Specify the terms of the trust. Controlling when and to whom assets should be distributed. This can be particularly useful where there are complex family situations such as children from multiple marriages
- Help protect your assets from your beneficiaries creditors
- Protect death benefits from being considered part of your Estate for tax purposes
- Choose your trustees
- Protect vulnerable or disabled beneficiaries
- Protect your legacy
Any Questions about making a will? Just ask me on the form below. I will get back to you asap- Sharon