Using a solicitor to write your will ensures that your affairs are dealt with exactly according to your wishes. Even if your situation isn’t complicated, it’s well worth arranging an appointment with your solicitor to discuss wills and probate services, especially if you own property, are eligible to pay Inheritance Tax, or want to look after someone’s interests after you’re gone.
A solicitor will save you time and money by explaining the options appropriate to your situation and drawing up a will according to your instructions. Meetings with your solicitor are confidential, and if you have a difficult issue to consider it can be useful to have somebody objective to help you make the best decision for your situation. Your solicitor can also act as an executor, meaning they will handle arrangements for your estate according to the details of your will. Not only is this often the most convenient and efficient option, it also saves your family from having to deal with legal issues after your death.
The main benefit of using a solicitor to create a will is the reassurance that the final document will be secure, accurate and legally binding. DIY wills or cheap and cheerful options often don’t take into account the more complex aspects of inheritance, taxes and trusts, but any mistakes won’t come to light until it’s too late. Your solicitor can also store a copy of your will safely and because all solicitors are regulated, you’ll be protected if you have a complaint with the service.
There are some instances in which it is essential for a solicitor to draw up your will in order to ensure your estate is taken care of, such as:
- If you wish to protect the interests of a dependent or family member after you’re gone;
- If your family situation is complex (for example if you have been married more than once, have step-children, or estranged relatives) and aren’t sure how to divide your estate;
- If you own property, a business, or assets overseas (for example a holiday home);
- If your estate is eligible to pay Inheritance Tax.
And while you are thinking the unthinkable you might like to ask your solicitor about assigning Lasting Powers of Attorney and making a living will so that your affairs are protected should you find yourself in a position where you are unable to state your wishes in the future. For advice on how to draw up your will with a trusted family law solicitor, speak to the wills and probate team at Frances Lindsay & Co. We offer fixed fees on all our legal services to help you budget each step of the way.Tags: wills and probate Beaconsfield, wills and probate Berkshire, wills and probate Buckinghamshire, wills and probate solicitors Maidenhead, wills and probate Thames Valley, Windsor wills and probate solicitor