Making a Will is hugely important, yet many people put off doing so. This is, in many ways, understandable – it can seem morbid to think about what will happen after you die. But failing to draft a Will or preparing one that is incomplete or poorly written can lead to disputes and cause significant stress and anxiety for your loved ones.
Our Wills, Trusts and Probate team have many years of experience, ensuring the advice you receive will be of the highest quality. We appreciate that every person who comes to us for guidance on making a Will has different priorities and concerns – this is why we always take the time to discuss matters with you in detail, enabling us to put in place plans for the future that are uniquely tailored to your requirements.
For simple, professional, affordable advice concerning your Will, speak to our friendly and approachable team today. Contact us on 020 3972 9011 or complete our online contact form and a member of the team will be in touch.
Experienced Wills solicitors you can rely on
Having a well drafted, up-to-date Will provides you and those closest to you with clarity and certainty. Having your views and wishes in writing means that your loved ones will be provided for after you are gone – you can explicitly state whom you want to benefit from your estate and whom you wish to oversee the process of sharing out your property, money and possessions amongst your desired beneficiaries.
It is also important to be aware of the consequences of failing to make a Will. In such circumstances, a set of standard legal rules called the Rules of Intestacy are used to decide who will inherit. This means that any wishes you may have expressed informally will be ignored.
Having a properly prepared Will also enables you to plan for Inheritance Tax (IHT) adequately. IHT is levied on the money, property and possessions that make up your estate and can have a substantial impact on the value of assets that you pass on to those you care about most. Our expert Wills lawyers can advise on sensible, legal measures that can be taken to reduce your liability for IHT such as maximising your IHT allowance through your Will, lifetime giving and the creation of trusts.
I made a Will many years ago – do I need to update it?
Having an up-to-date Will is vitally important. Lots of things can happen in just a few short years that will result in your circumstances or priorities changing, and it is essential that this is reflected in your Will. We advise clients to revisit their Will every five or six years – our Wills team can provide guidance on what changes, if any, may be appropriate.
Contact our Wills Lawyers in London
The specialist Wills solicitors at Scott-Moncrieff provide clients with a comprehensive service when it comes to preparing, updating and amending your Will. Whatever your circumstances, our lawyers can provide clear, pragmatic advice delivered in a straightforward and jargon-free manner.