Making a will can be one of the most sensible things you can do, to make sure things are left as you wish them to be left in the event of your death. You should not be superstitious about making a Will!
In this day and age, people live in ever more complicated family arrangements, and automatic assumptions that your loved ones will get your money on your death can be dangerous. People become unstuck, especially where there are step families, or partners who are not married.
Making a Will can also have tax advantages. It is possible to put in place mechanisms to avoid Inheritance Tax, as far as is possible. It is also possible to create simple trusts, so that your children inherit your money at an age where they will hopefully be more responsible with it, rather than at the automatic age of 18!
It is also possible to make a Power of Attorney, so that if you become mentally or physically incapacitated then your appointed person can administer your finances. Forward thinking is always preferable to trying to find a solution after the event - to see what can happen if you don't plan ahead, look at the area of our site dedicated to advising the elderly and mentally infirm.
There is quite a lot of basic information that helps us to advise you about your will, so please email David Forster or telephone him on 01695 574201.