|
Deciding
to make a will is the only way of being sure that your money
and possessions will be dealt with as you wish after your
death. And choosing to involve a solicitor means that you
can be certain the will is valid. Whether your financial affairs
are simple or complex a will ensures that you leave your money
and your home to those that you wish to inherit them.
Making
a will is something that people often choose to ignore as
it is too closely associated with their own death. However,
it is worth thinking about!
In some cases, if you do not leave a will, the results can
be disastrous for your family – your money may not end
up where you intended. If you own a house or flat it is particularly
important to leave proper instructions.
At McCash
and Hunter we have the skill and experience to assist you
in this legal process, taking you through the steps to decide
how you wish to leave your money and other assets. We would
encourage you not to leave it until it is too late.
If you
have a large estate, inheritance tax may be an issue. We can
offer expert advice on making a tax plan which in certain
circumstances, could save a lot of money.
Appointing
executors
Executors are people that you name in your will to look after
your estate after your death. They are appointed to be responsible
for carrying out your instructions and dealing with your estate,
in accordance with your wishes. You may appoint your spouse,
your children, other relatives or close friends. It is not
necessary to appoint a solicitor, but there will be situations
where that is a good idea.
Who
should I leave my money to?
Most people choose to leave their assets to their closest
relatives. We will be able to discuss your own personal circumstances
and offer advice that will help you to make the best decisions
for your family and friends. For example you may wish to discuss
whether to leave all your estate to your spouse or partner,
or whether part of it should be left to your children.
What
about my house?
If you own a house jointly with your spouse or partner, you
will probably want to make sure that they inherit your half-share
after your death. This does not always happen automatically.
If you do not have a will, the joint house-owner may not inherit
your share of the house. This can cause enormous problems
for the co-owner. It is therefore worth making plans in your
will about your property.
|
