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Wills
The Hewitsons team is well skilled in the areas of Wills, Inheritance Tax and matters of Probate. A Will is a legal document that sets out what you want to happen to your property after your death. It is important that Wills are made for a number of reasons, such as:
- To make sure that the people you wish to benefit on your death do so. If you die without making a Will – or die intestate, as it is known – your estate may well be distributed in a way you do not intend
- To nominate executors and guardians
- To stipulate the age at which any children should inherit
Wills are a significant element of sound financial planning and whether straightforward or including complex trusts, Inheritance Tax should be taken into account as a Will should allow your assets to be passed on tax efficiently.
You can use your Will to specify your particular wishes in respect of your funeral, for example whether you want your body to be buried or cremated. You can also state whether you are willing for your body to be used for therapeutic use or medical research after your death.
If you make no, or only limited, provision for someone who is financially dependent on you such as a spouse, partner, former spouse, a child, or anyone else, then it is possible that they could make a future claim against your estate which you might not want.
At Hewitsons, experience has taught us the value of getting to know our clients well, so that we can act for them well. Talk to us today, and we’ll make sure your legal and financial affairs are looked after by people who care about you and your individual circumstances.
Many of our clients have foreign connections and property and so we can also advise on the need for foreign Wills, liaising with local advisors as appropriate.
Our team also includes probate specialists who can help with probate actions where the mental capacity of the deceased is in dispute.
To download our Why Make a Will Guidance Note which explains in more detail why you should make a Will, please visit our Knowledge Centre.