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A legally valid Will has several essential components. It must be signed and dated by the Testator/Testatrix in the presence of two independent witnesses. The two witnesses must record their details on the attestation page of the Will. The wording of a Will is of paramount importance as incorrectly worded Wills may mean someone intended to benefit no longer does and someone not intended to benefit now has a claim. |
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Yes. By making a Will you can ensure that the Courts are aware of who you wish to care for your children in the event of your death. You can also decide at what age you wish your children to receive their inheritance (this could be 18, 21 or 25). |
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No. Your marriage revokes any previous Wills, A new Will is needed to distribute your estate. |
Frequently Asked Questions |
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It is the only way to be 100% sure that your assets will go to the people you care about. |
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Why should I make a Will? |
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I have just got married again. Is my previous Will still valid? |
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Can I appoint guardians for my children in my Will? |
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What constitutes a legally valid Will? |
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The current threshold for the year April 2008 to April 2009 is £312,000. Any assets over this amount will be taxed at 40%. The situation may be slightly different if you are married or have a civil partnership. |
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Do I need to pay Inheritance Tax? |
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Please contact us: |
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Butler Estate Planning Will Writing Services |
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I’m worried that my home may need to be sold to fund the cost of my care in later life. I really wanted it to go to my children. Is there anything I can do? |
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If you plan in advance it is possible for you and your partner to make provisions for your half share of the property in your Will. This means that if one co-owner dies their half share of the property can go into trust for the benefit of their children whilst giving their partner occupancy rights. This way the deceased's share of the property will not go towards paying the care fees of the survivor. |
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If you have other questions, or find that the information provided here doesn’t reflect your own situation, please contact us by email or phone, |