Making a Will
Having a properly drafted and up-to-date Will is essential. Your Will can be used to specify the people and causes that you wish to inherit from your estate when you die, as well as for planning your funeral and putting in place arrangements for any vulnerable family members for whom you care.
You should update your Will every few years, especially if there have been significant changes in your circumstances. This could include a divorce or the birth of grandchildren who you may now wish to inherit part of your estate, but any increases in your personal wealth or the value of your home may warrant changes being made also. A Will can also be used for inheritance tax planning or the setting up of trusts to ensure as much of your estate is passed on to loved ones.
At this time, our solicitors can also advise on lifetime giving and transferring property to other members of your family, steps that may have an impact on your liability for care costs.
