Most people know that this legal document ensures that when someone passes away, the distribution of their wealth and assets are shared in the right way with the right people.
With this in mind, it’s surprising that most adults in the UK – around 60% - don’t have a Will in place, which leaves them open to liabilities, potentially unforeseen taxes and disharmony between family members who are unclear about who’s entitled to what - especially when there are business interests and children to consider.
Ideally, every adult should have a Will in place, but it’s especially prudent for cohabitating couples, those with tax liability, those who want to protect their children’s legacy, people with business interests, and people who need to ensure that specific people don’t automatically benefit when somebody dies.
Our team are specialists in tailoring advice and documents to your specific wishes, and making sure the Will is administered as tax efficiently as possible.
Creating a Will during lockdown
Creating a Will does not have to be a longwinded process and is something we are able to offer remotely, respecting the need for social distancing at this time.