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| You need to make a Will if
you have any assets and personal possessions and want
to make sure that they go to those you wish to benefit.
If you have children under the age of 18, Guardians
need to be named in a Will. This is the only way you
can deal with this matter otherwise your children will
become wards of court, with the decision on their future
being based on social services reports and made by people
you don’t know. They may not choose as you would.
Imagine the enormous stress this would put on children
and relatives at a time of grief.
If you are living with a common law partner, without
a Will they may not receive any of your Estate, even
if you have been living together for years and have
children with them. |
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| If you die without a legally valid Will
you are deemed to have died Intestate. The rules of Intestacy
are very complex and have been set out by the government.
What this means is that your Estate may not go to those
you would wish. Not leaving a Will also means that the
people you leave behind can suffer long delays, sometimes
years, before your Estate is sorted out. Bank accounts,
even those held in joint names can be frozen leaving no
access to much needed funds. If you make a Will you don’t
have to worry about any of these consequences. |
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| Inheritance Tax is not payable between
husband and wife. It is therefore only payable after the
second death. This means that any part of your Estate
over the Inheritance Tax threshold is taxed at 40%. There
are ways to write your Will to alleviate some, or all
of the tax. If the net value of your Estate is worth more
than the IHT threshold please ask your adviser for more
information during the appointment. |
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| Most appointments take less than half an
hour and they are conducted at a time that is convenient
to you. |
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| No. Provided you have read and discussed
the ‘Points To Consider Before Your Appointment’,
which will accompany the application pack. However, any
points that are raised during the appointment that need
further consideration or discussion can be confirmed with
a second phone call. |
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| Wills need to be kept in a safe place as
they can get destroyed, lost or stolen. If a Will cannot
be found when you die it will be deemed that you have
died without a Will. Our comprehensive service, not only
includes the safe storage of your Will(s), but we also
write to your nominated Executors to inform them of their
appointment and where the Will is being stored. |
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| A will is not something that you should
make and then forget about. You should review it regularly
and keep it up to date. Our service includes all future
changes that you wish to make at no further charge. |
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