Writing a Will is one of the most constructive steps you can take to protect your assets for your loved ones. However, many people put off writing down their wishes. If you die without a Will, this can leave your family with uncertainty and administrative challenges at an already difficult time. It also means your estate will be dealt with following a set of standard legal rules, rather than your intentions.
There are many important benefits to making a Will, and keeping it updated. Our Wills Lawyers ensure the contents of your Will are carefully considered and well-drafted. We also advise on tax planning, Succession Planning and trusts. To discuss your requirements with our team, contact us today.
Why Should I Make a Will?
Writing a Will ensures your wishes regarding the distribution of your property, money and personal possessions are followed after you die. In the legal document, you can specify who you want your individual assets to pass to, as well as the person (or people) who you would like to deal with your estate (known as the executor).
If you do not leave a Will behind, default legal rules called the Rules of Intestacy decide what happens to your assets and who is responsible for distributing them. This can mean that those who you would have wanted to inherit are unable to.
There are many other reasons why making a Will is beneficial. It allows you to take stock of your assets and arrange them in the most tax-efficient way, name a guardian and set up a trust to protect your children and provide instructions for your funeral.
How Do I Make a Will?
You can write a Will yourself, however, it is recommended that you get a Solicitor to assist – especially if your affairs are not straightforward. Your lawyer can help you to ensure your Will meets all the requirements for validity and that all issues, such as possible confusion over your intentions or potential family disputes, are addressed while drafting. They will also advise you on the legal and tax implications.
If you have decided to make a Will, please do not hesitate to get in touch. We will guide you through the entire process, from listing your assets to signing and witnessing your document. You should update your Will regularly and whenever you experience a significant change in circumstances, such as getting married or having a child. Our team can support you if you need to amend a Will already in place.
Contact our Wills Solicitors in Carrigart and Letterkenny, Co. Donegal
As a client-focused firm, we listen to your individual requirements and give you clear and practical advice on how to meet them. We are friendly, accessible and maintain a high level of professionalism. For assistance with making or updating your Will, or with any other Wills & Probate matter, call our team on 0749890190 or complete our online contact form and we will get back to you as soon as possible.
*In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement, nor is it our practice to do so.
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