Wills, Trusts and Estates: A practical guide to drafting a will

Our firm takes particular pride and is committed to helping our clients with their personal affairs. Members of our probate team have the expertise and experience to tailor wills to each individual’s particular circumstances. We know where problems and difficulties can arise and can guide and advise you appropriately to avoid them.

We strongly recommend to our clients and their families that they have a will which:

  • Reflects the needs of their dependents and
  • Is up to date with current tax legislation and their asset portfolio.

Our solicitors are commited to:

  • Listening to your needs
  • Offering you the best professional and objective advice
  • Drafting your will, having given you the opportunity to make an informed choice.

Frequently Asked Questions

What is a will?

In its simplest terms, a will is a written document, setting out how an individual wishes their assets to be disposed of on their death. It only takes effect on death and a person remains free to deal with their property in their lifetime as they wish. A will can be revoked or amended at any today.time up until death. A will can do more than simply provide for distribution of your assets, it can stipulate who will look after young children in the event both parents die.

Who should make a will?

It goes without saying, every person irrespective of age should have a will but there are certain individuals where it is vital;

  • Parents with children under 18 or children with disabilities.
  • People with assets and property here or abroad.
  • Business owners.
  • Those who have been divorced or separated.
  • Single parents.

Why make a will?

A well drafted will ensures your loved ones are provided for in the most effective and tax efficient manner possible;

It provides clarity and certainty as to how assets will be distributed and to whom (e.g. spouses, partners, children, parents, brothers and sisters).

It provides a mechanism to provide for dependents especially those with special needs and preserve disability allowances by the use of discretionary trusts.

It allows for tax planning and the use of various tax reliefs to minimise tax.

Passing assets to beneficiaries can be delayed by the use of trusts, until the beneficiaries are mature enough to inherit.

It allows you to appoint testamentary guardians of your minor children and trustees to look after their inheritance.

It allows you to appoint a trusted individual (an executor) who will administer your estate.

When should you make a will?

It is never too early to have a will. Certain life milestones should trigger the impetus to make a will, like your first job, first house, first child, first life insurance policy, health concerns, marriage and/or divorce.

What happens if you die without a will?

If you pass away without a will, or have not made a valid will, you are said to have died intestate. Your assets will be distributed to your surviving relatives in strict accordance with the law under the rules of intestacy. Your nearest next of kin will inherit and they will be entitled to administer your estate. Those relatives who are more remote will not inherit anything. In an intestacy, there is no provision to take into consideration what a person’s wishes may have been. The best way to make sure your assets are distributed in accordance with your wishes is to make a will.

Your will should be regularly updated to take into account changing personal and financial circumstances and indeed changing tax legislation.

Where should you make a will?

Our firm takes particular pride and is committed to helping our clients with their personal affairs. Members of our probate team have the expertise and experience to tailor wills to each individual’s particular circumstances. We know where problems and difficulties can arise and can guide and advise you appropriately to avoid them.

We are open

We are continuing to provide legal services to you all. We are operating by telephone and email during the Coronavirus situation. Our main office telephone numbers remain the same, as does all our contact information on this site