Will Writing
Three in five adults in the United Kingdom do not currently have a Will. There can be many reasons for this including unable to make decisions on beneficiaries or guardians, not finding someone with sufficient knowledge that they can trust or empathy to understand their concerns. Some people even believe that by making a Will it may somehow bring bad luck and hasten their own demise.
Guaranteeing and planning that your children are looked after by the people you chose is a vital decision that you need to consider.
Also, ensuring that your spouse/partner and children and other rightful beneficiaries will inherit the wealth you have earned and built, regardless of what the future may hold is equally important, this includes making sure that the value of the family home is protected from hostile creditors or unnecessary Inheritance Tax.
Having a Will in place guarantees you the peace of mind that the following questions are answered for the future:
- Who will look after my children in the event of my death?
- Who will deal with and administer my estate once I've passed?
- Who will inherit my wealth?
- How much will the Government take from my estate after my passing?
What happens if I don’t have a Will?
If you die without making a Will or your Will does not meet legal requirements your are classed as dying Intestate. Your estate is then administered under the rules of intestacy from Section 46 Administration of Estate Act 1925 (AEA 1925). This allocates your estate in a predetermined manner with no input from yourself meaning those people you wish to inherit your estate may not.
Without professional guidance, much of your hard-earned money might end up in the wrong hands or be lost completely.
Taking professional advice on the drafting of your Will and updating it regularly as your circumstances change is the only way to be sure that your wishes will be known and your family fully safeguarded.
Glamorgan Legacy Ltd will take the time to understand your circumstances, your concerns and your requirements. We will listen to you and guide you through the process of creating a valid Will that meets your needs – whether something simple or a more comprehensive solution. Our Estate Planning Consultants are Society of Will Writers qualified so you know that you’re in professional and safe hands.
Document Storage
Where to store your Will once it’s written
When you have completed your documents, two critical steps will ensure your wishes are carried out: the documents must be correctly signed and witnessed and, to prevent a Will being lost or destroyed or your executors not knowing where to find it, safe storage is crucial.
We arrange for storage in a secure facility where documents are fully protected and insured, via The National Will Archive. Each Will is checked beforehand to ensure that is has been signed and witnessed correctly. You receive copies, certificates of storage and cards to hand to your executors so they know who to contact to retrieve the Will when the time comes.
For a reasonable annual fee payable by standing order we can store your documents and take the worry about your important documents for the completion of
