Why Write a Will
If you are considering making or updating a will, our lawyers can help.
Writing a will is, all too often, one of the things we mean to get around to but never seem to. However, the consequences of not writing a will can be dire, so we must take care of it sooner rather than later. We have years of experience in helping people make a will and update their will to reflect their circumstances and wishes accurately. We offer a free initial consultation, so contact us today to discuss your needs and concerns. You can call us on 0808 168 5822 or complete our online enquiry form, and we will get back to you right away.
We look forward to assisting you.
Why should I write a will?
You can decide who will inherit what from your estate. If you would like to leave a particular item to a person, you can do so, or you can choose to leave money to them.
Anyone in Scotland can write a Will from age 12. If you die without leaving a will, then there are rules which govern how your estate is divided, known as the rules of ‘intestacy’.
Often these rules are contrary to how many of us would like our estate divided – these rules provide mainly for those closely related to us, irrespective of our relationship with them. Neither you nor your loved ones have any control over how your estate is divided if you die without a will. If your estate cannot be divided according to the rules, it may go to the Crown as ‘the ultimate heir’ – even if you had shared your life with someone. To avoid this situation, you can discuss your wishes and those closest to you in your life with one of our lawyers. We can then help you to draft a will that accurately reflects how you would wish for your estate to be divided after you pass away.
You can reduce the inheritance tax, which will be payable out of your estate.
Inheritance tax planning is an important part of making a will and planning for the future. Our lawyers can work with you to evaluate your assets and find ways to reduce your inheritance tax bill. This will allow your loved ones to benefit from the maximum amount due to them after you pass away.
You can put in place arrangements for your funeral.
You can appoint the people responsible for overseeing your affairs on death, known as your ‘executors’.
Choosing those you wish to distribute your estate after you pass away can be a difficult task. However, if you are prepared, you will have time to discuss the position with those you feel would be the best candidates. Naming your executors in your will can avoid difficulty for your loved ones at a later stage, as the role of the executors has already been discussed.
Making a will can speed up the process of winding up the estate, sparing your loved ones further pain.
Death is a difficult time for everyone, but where you have not left a will or properly updated your will, this can cause tension between family members, and may even result in a Wills dispute. Making a will ensures that your loved ones are clear on your wishes, not only for how your estate should be divided but also for your funeral arrangements and who should get to keep any sentimental items you leave behind.
Contact us for a FREE consultation to discuss writing or updating your will.
If you would like to make a will, or simply want to discuss your options, contact us today.
Based in Glasgow City Centre, Shawlands, East Kilbride & Edinburgh, we provide our clear and practical legal services to people across Scotland including those from Airdrie, Motherwell, Bellshill, Dumbarton, Paisley, Ayr, Fife, Crossmyloof, Giffnock, Clarkston, Newton Mearns and many other surrounding areas. For a FREE consultation with our wills, trusts, & executry lawyers based in Glasgow and Edinburgh call us today on 0808 168 5822 or complete our online enquiry form and let us help you.