Wills Lawyers Beaconsfield, Berkhamsted & Harrow
Planning for the future is fundamental for your peace of mind. By preparing a Will, you can be sure that those that you care about most will be well taken care of, and that people and causes you care about can benefit from your estate as per your wishes.
Our Wills and Estate Planning solicitors are available to discuss your Will now – call us today to find out how we can help.
What should I include in my Will?
Most people will be aware of the primary purpose of a Will – having one allows you to decide who should inherit your property, money and possessions after you die. But there are many other issues that can be addressed in a Will as well.
You can make plans for what will happen in the period following your death. This can include making arrangements for your funeral, as well as identifying the person or persons that you wish to oversee the distribution of your assets. Your solicitor can advise you on who would be appropriate for this role if you are unsure, as well as providing practical support throughout this process in the future.
Everyone's family circumstances are different – for those with young or vulnerable relatives, a Will can be used to put in place provisions that support these beneficiaries to inherit in a way that you feel is most appropriate. This could mean arranging for your assets to be held in trust and distributed later or be paid out in smaller amounts over a period decided by you.
Your Will can also be used to ensure that as much of your estate as possible is passed on to those you care about. This might include planning for inheritance tax, or the setting up of trusts to hold certain assets. Your solicitor will also be able to provide guidance on lifetime giving to make sure that no issues arise in the future.
I already have a Will – do I need to update it?
It is recommended that you revisit your Will every five years to make sure that any changes in the intervening period will not give rise to any issues when it comes to distributing your estate. If there have been any significant changes in your circumstances, you will likely want to alter your Will to reflect this. If you have married or divorced, or if your family has grown in this time, you may wish to review your Will. Similarly, if your personal wealth has improved or if the value of your home has increased, you might now need to plan for inheritance tax.
Contact our Wills Lawyers in Beaconsfield, Berkhamsted, Chesham and Chorleywood
The Wills solicitors at Breakthrough Family Law can provide clear, pragmatic, sympathetic advice on all matters relating to Wills and Estate Planning. Our lawyers have many years of experience advising a broad range of clients on putting arrangements in place that are uniquely tailored to their needs and circumstances, offering clarity and certainty both for them and their families.
Breakthrough Family Law's specialist team of lawyers are based in Beaconsfield, Berkhamsted, Chesham, Chorleywood. We offer a fixed fee service for the drafting of Wills and Lasting Powers of Attorney, contact us today on 01494 776 696 or using our online form to arrange an appointment with one of our team.