Having an up to date will in place allows you to choose who you want to manage your estate and carry out your wishes (Executors), whether any particular personal items or cash lump sums should go to specific individuals and who you want to receive the bulk of your estate.
If you have children under the age of 18 you can appoint guardians in your will to look after those children in the event that you and the father/mother of those children both die before your children reach 18.
If you don’t have an up to date will in place then your assets could end up going to beneficiaries whom you no longer wish to benefit.
If you don’t have a will at all then your assets could pass to distant relatives or even to the Crown. You may also miss out on tax reliefs that would benefit your estate, particularly if you are married or own business or agricultural assets.
We will make sure that your will is tailored to your particular circumstances without being any more complicated than it needs to be. We will be up front with you about how much it will cost and how long it will take.
If you need help putting in place a new will please get in touch.
Alternatively, please complete our Will Questionnaire and send to one of our Private Client Partners.
For Exeter based enquiries: Charlie Siegle
Plymouth: Marjorie Creek
Torquay: Jonathan Dickson