Four Reasons You Need To Write A Will
Writing a will can solve your family unnecessary distress at an already difficult time once you’re gone. There are a variety of reasons why you should write a will. Your will tells everyone what should happen to your estate (your property, possessions and money) after you die.
Unfortunately, if you don’t write a will, the law decides how your estate is passed on. This may not be necessarily how you had planned.
Here are four reasons why you should write a will.
1. Reduce Inheritance Tax
Writing a will can help reduce the amount of Inheritance Tax that may be payable on any property or money you leave behind.
2. Dependent Family
Writing a will is especially important if you have family or children that depend on you. Or, if you choose to leave something to people outside of your immediate family.
A will makes it a lot easier for your friends and family to sort out your estate after you die. This process can be incredibly time consuming and stressful without a will already in place to decide.
4. Your Wishes
Without a will, the law decides how everything you own will be shared out. This may not be the way you may have wanted.
Middletons Solicitors offer the following Private Client services:
- Preparation of Wills
- Obtaining a grant of probate or letters of administration
- Estate administration
- Taxation advice including Inheritance Tax
- Post death variations
- Family Trusts including creation and administration
- Lasting powers of Attorney
We provide client focussed legal advice and assistance.
Our solicitors strive to deliver the best advice and assistance and an outstanding customer experience.
We serve our customers right the way across Wiltshire and Hampshire with offices in Warminster, Amesbury and Stockbridge.
Enquire about our services today.
Just a short note to once again express my sincere thanks to you, Sue and the M&U team, for all your help, cooperation and first class professional support. I am most grateful to you all.Chris Stephenson, Warminster