Wills: Don’t put it off……
Sep 22, 2020
We don’t like to think about wills and death, and we don’t like to talk about it to our parents or our children either, but these are conversations that you might need to think about.
We don’t like to think about wills and death, and we don’t like to talk about it to our parents or our children either, but these are conversations that you might need to think about.
We don’t like to think about wills and death, and we don’t like to talk about it to our parents or our children either, but these are conversations that you might need to think about.
Bob Marley died in 1981. He had not made a will. His £20 million estate was claimed by 11-13 children, his widow, members of the Wailers, grandchildren, and business associates. It was finally settled in 2014.
Our lives might not be as complicated as a rock star, but we may have Granny living on her own, and we may have grandchildren around the corner. We might have a new relationship, and there could be children from an earlier marriage. It is important to think about what you want to happen, and important to take steps to make it happen.
And we can also talk to you about Powers of Attorney. If you were unable to look after your own affairs, who would you trust with your bank account? If you don’t choose, it might end up being the brother whom you haven’t seen for twenty years.
And we can also talk about Deeds of Variation. Imagine you are going to inherit some cash from your father, but you don’t really need it, and you would far rather help your granddaughter who is about to go to university. You can make a Deed of Variation, so that the money goes straight to her, and doesn’t cause you any tax complications at all.
Come and see us if you want a fresh and expert look at your wills. We will listen to you, and make sure your wishes are met.
To discuss your future, you can contact us by emailing info@walkerfoster.com or contact your nearest office.
You can also view our page on Wills, Probate & Lasting Powers of Attorney
In this blog, Walker Foster’s Wills and Probate Executive Cay Schofield shares her insights into the various planning arrangements, and how each of them can help to provide clarity and security for you and your family.
Walker Foster Solicitors discuss how families can avoid conflicts by effectively creating plans for their estate in the event of their death. Find out more.
When clients come to us to discuss their Wills, they often express a common concern: “How can I avoid the need for a Grant of Probate? I want to make things easier for my family.”
Contesting and defending the validity of a Will is a specialist area of law referred to by lawyers as ‘contentious probate’. Contentious probate claims should not be confused with claims made pursuant to The Inheritance (Provision for Family and Dependants) Act 1975 (“the Inheritance Act”).
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