If you do not wish to run the risk of your worldly goods including your property and personal possessions passing to people you do not wish to inherit it is absolutely essential that you make a Will.

 

The advantages of a Will far outweigh the modest cost involved in producing the document and may be summarised as follows:-

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- You have the ability to choose your beneficiaries and the amount or percentages in which they inherit thus reducing the risk of arguments between relatives and friends.

 

- In the case of young beneficiaries, you can select and age at which you think they are responsible enough to deal with their inheritance and provide for monies to be invested in the meantime.  You can also choose someone to look after them when you are no longer around pending their reaching a suitable age.

 

- If you have a favourite charity or charities, you can make provision for a sum of money to be left to that charity and at the same time save any potential Inheritance Tax liabilities for yourself.

 

- Your appointed Executor will be able to administer your estate at a significant financial saving as compared to the considerable costs of administration in the event of an intestacy.

 

- Depending upon your particular circumstances your Will may be able to alleviate Inheritance Tax liabilities for larger estates which exceed the current Inheritance Tax threshold.

 

You are not tied to your Will if your circumstances change.  The Will can be altered at any time to suite your current needs and wishes.

 

World of Wills Limited is also able to provide assistance upon related issues such as Power of Attorney or Probate applications.  These issues are not easily summarised and much depends upon individual circumstances.  If you require further information, please therefore apply to info@worldofwills.co.uk and we will be pleased to provide assistance tailored to your particular situation.

 

World of Wills Ltd has the benefit of the services of a fully qualified Solicitor of over 30 years standing and prides itself on being able to offer a reliable and professional service.