We'll help you write a will that gives you peace of mind
Writing a will gives you control over your money and assets after you die. Without a will, the law decides what happens to your estate, and this might not be exactly what you want.
There's never a bad time to start planning your will, but when it comes to writing it, our solicitors will help to ensure what you've planned actually happens. We only want what's best for you and your family.
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Why are wills important?
Writing a will is one of the most important things you'll need to do. It's an incredibly important document that gives you the opportunity to choose who inherits your assets when you die. Not only that, but it also lets you choose who gets to administer your estate upon your death.
It's estimated that only around 40% of adults have a will. This is alarming as the importance of a will shouldn't be overlooked, especially when you're later on in your life. Writing a will is a complex process for obvious reasons and should be given the time and attention that it deserves.
How does a will help me and my family?
There are many reasons to write a will, but all of these reasons relate back to one thing - your loved ones. This isn't exclusive to just your immediate family, however, as a will can be written to feature anyone you choose. Here are a few ways that a will can help you and your loved ones while giving you peace of mind:
- It gives you peace of mind and certainty
- It ensures your valued possessions go to the right people
- It provides for your partner if you are not married
- If you are divorced you can decide whether to leave anything to your ex-partner
- You can ensure you do not pay more inheritance tax than necessary
- You can appoint the guardians you want to look after your children
What should I consider when writing a will?
Writing a will can be daunting, especially knowing how important they are. Here are a few things to consider when it comes to writing your will:
- Try and find out how much inheritance tax (IHT) you're likely to pay
- Factor in how you own your assets - this will affect how you can use them after your death
- Who you want to leave your assets to
- Decide who you'd like to be the executors of your estate
- If you have young children, who will care for them?
As well as helping you write your will, PM Law can act as your executor. This means you will have an experienced and professional practitioner to look after your affairs.
Looking for more information on wills, trusts and probate?
Couldn't find the exact answer you were looking for? We have plenty more useful information on wills, trusts and probate that you can find on the following pages:
Wills, Trusts & Probate FAQs
Didn’t find the answers you were looking for? Look at the FAQs below for more information on our wills, trusts & probate services.
There's no better time than the present. As an adult, there's no reason why you shouldn't consider writing your will when you get the time.Â
It's also important to remember that you can always add to your will once it's written - it's always there to be edited however you see fit.Â
It's difficult to say. It also depends largely on whether you're writing your Will yourself, or if a solicitor is doing it for you.Â
If you're writing the Will yourself, it could take weeks for you to decide how your assets will be distributed. However, if you're giving instructions to a solicitor, you might only have a few hours or less to do so.Â
In short, yes. However, it's only advisable if you cannot afford a solicitor or if your Will is particularly straightforward.Â
We would usually advise you to have a solicitor at least check your Will after you've written it to ensure it'll have the effect you want.Â
Yes, you can update your Will using a document called a codicil. A codicil is a separate document from the original Will that modifies one or more parts, while the rest of the Will still stands.Â
Alternatively, you can destroy your current Will and rewrite a new one if you see this to be more convenient.Â
Yes, you can contest a Will. You'd normally do this if you don't agree or trust the terms set out in a Will. However, it is difficult to successfully contest a Will and the process varies across the UK.Â
The executor is the legal term for the person you choose to administer your estate. An executor is usually someone who know well, such as a family member, spouse or friend.Â