Legal Services and Advice
Everybody knows that making a will is important, but it is often something that people put off for another day, assuming that those they love will be taken care of in the event that the worst was to happen. However, without a will in place, it is the law that dictates who inherits your estate after you pass away, which can leave family, loved ones and dependents in a difficult situation and your wishes unfulfilled.
At Sarah Waddington Solicitors, we provide straightforward, reliable and effective will services, covering everything from will writing and estate planning to sorting out will disputes. Our dedicated team are here to make the process as simple and as hassle-free as possible and to help you put all of your affairs in order so that you can have complete peace of mind knowing that your loved ones are protected and your wishes followed, no matter what.
How do I make a will?
If you want to, it is possible to create a will yourself and this is a route that some people choose to go down in a bid to save some money. However, for those that attempt to write a will themselves without the proper legal guidance, support and advice, it is very easy to make mistakes that cause big problems when the time comes for the will to be implemented. This can unfortunately result in complications and large legal fees which need to be paid in order to resolve the issue, reducing the money in the estate or even making the will itself and everything in it invalid.
Engaging the services of a trusted, reputable solicitors who have experience dealing with wills and probate is the best way to ensure that not only your will is accurate, valid and legally binding but that the process of making your will is as stress free and straightforward as possible.
Our professional will writing solicitors use their years of knowledge and experience combined with effective planning to not only create a will that you are happy with, but work to save you money by using opportunities to maximise tax efficiency, significantly cut your inheritance tax bill and save you and your beneficiaries money.
What should I think about when making my will?
There are a lot of things to consider when you are preparing to make your will and the level of complexity will depend on your unique financial circumstances, assets, beneficiaries and the estate.
Firstly, you will need to get an idea of what your estate might be worth and draw up a list detailing debts and assets including;
- Savings in building societies or bank accounts
- Life insurance or endowment policies
- Pension funds that pay a lump sum upon death
- National Savings, such as premium bonds
- Jewellery, art, antiques and personal belongings
- Investments such as stocks, shares or investment trusts
- Motor vehicles
- Furniture and other household contents
- Debts, loans, mortgages, overdrafts, equity release, credit cards
Some of the decisions you need to consider will include things such as;
- Who will benefit from your estate
- Who should carry out your wishes (executors)
- What arrangements need to be made for young children
- Financial provisions for beneficiaries
- Who gets possessions with sentimental value and family heirlooms
- What age young beneficiaries will inherit
- Setting up a trust for a vulnerable child or dependent
- Support a charity by leaving a donation
- Instructions for your funeral
Why choose Sarah Waddington Solicitors?
At Sarah Waddington Solicitors, we pride ourselves on delivering a personal will service to each and every one of our clients, with tailored advice and practical solutions to structure your estate and ensure that your loved ones will be properly provided for.
Our will making solicitors are on hand to help at every stage of the process from start to finish, with professional, friendly and reliable guidance and support to deliver a legally binding, watertight will that fully reflects your wishes.
If you have any questions or would like to know more about our will solicitor services, then please do not hesitate to get in touch and one of our advisors will be happy to help.