We have all heard the saying ‘where there is a will there is a way’ but what does this really mean? Having a will in place has many benefits to you, your family and your estate.

For you

Having a will in place provides peace of mind that your wishes are adequately recorded. Your will is prepared according to your needs, whether you require guardians to be appointed for your children or a Trust to protect your property for another. Our wills are bespoke and tailored to your specific circumstances. For many having a will drawn up provides an element of relief for when the inevitable arrives, knowing that your loved ones, wider family or charities you support will receive something from you.

For your family

A will can eradicate any ambiguity over your wishes. You may feel uncomfortable about discussing your wishes with your family as it can be upsetting and unsettling to think about your family dealing with your affairs after you have gone. For your family, your will can help as it will clearly stipulate what your intentions are and it can help them focus on dealing with your estate.

For your estate

Having your will prepared can ease the estate administration process as your beneficiaries can be named in your will which will help to avoid having missing beneficiaries. Further, while preparing your will, you will have time to fully review your assets and take necessary advice such as how Inheritance Tax is calculated and what reliefs may be available to you.

If you pass away without leaving a will, you will be regarded as dying intestate and the Intestacy Rules will apply. These rules may not meet your expectations, and this can cause conflict. There may be little that your family can do to honour your wishes if they were not set out in a will.

Having a will professionally drawn up by our experts here at Battrick Clark Solicitors will provide you with peace of mind. It ensures you are given the necessary advice for your estate to be set up to protect your loved ones and to ensure your estate is easier to administer when the time comes. If you would like for our experts here at Battrick Clark Solicitors to assist you with the preparation of your will please do contact us.

If you would like discuss making a Will, contact Battrick Clark on [email protected] or call us on 0117 973 1391.