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    4. Making a will

    Making a will

    A recent study by the Legal Services Board showed a quarter of wills to be either invalid, or not reflective of a person’s wishes. These statistics alone highlight the importance of getting an expert to help you to put your will together.

    Allow WLS Solicitors to prepare your will and you can relax knowing it was constructed by one of our experts, making it legally valid.

    There are numerous benefits to making a will, including:

    • You control how your estate and possessions are divided
    • You may gift specific items to people of your choosing
    • You can exclude those who might normally expect to have benefitted
    • You can minimise inheritance tax

     

    Types of Wills

    There are three different types of wills available, all of which will be tailored to your needs by our local lawyers, who cover areas in and around Twyford and Wokingham.

    These types are:

    • Simple Will
    • Advanced Will
    • Bespoke Will

    Please more detailed information on each will type below. For more advice on wills and which type is best for you, call us on 01684 498 436.

    With a simple will you can:

    • Make clear your funeral wishes
    • Decide who gets what and allocate gifts to friends, relatives or charities
    • Appoint a Guardian to take care of your children
    • Assign a person to carry out your will

    An advanced will covers everything included in a simple will. Additional benefits include:

    • Grant a gift (for example, your house) to a person for their lifetime only
    • Exclude those usually expected to be included, such as a partner or children
    • Provide ongoing care for someone with a disability
    • Plan for complex family arrangements, for example, providing for a relative going through a divorce
    • Protect your home

    A bespoke will is tailored to suit your needs, particularly where you might have more complex requirements.

    If your assets amount to more than the inheritance tax threshold, which is currently £325,000, you could benefit from additional advice on minimising the tax paid through your will.

    This option is often suitable for those who own a business.

     

    Expert legal advice you can rely on:


    Wills and probate

    Nobody wants to think about death but, unfortunately, we can’t predict what the future holds – which is why creating a will is a sensible decision.

    Estate administration

    Upon the death of a relative, administering their estate is an important step to undertake. In some circumstances, this is more difficult because there is no will or it is somehow invalid. WLS Solicitors can guide you through what the right steps are.

    Inheritance and tax planning

    By planning ahead, you’ll be afforded a clear idea of who will benefit from your estate.

    Your assets will be subject to inheritance tax if they exceed the threshold of £325,000, so planning for this allows you to consider any reliefs and exemptions you might benefit from.

    Making a will

    A recent study by the Legal Services Board showed a quarter of wills to be either invalid, or not reflective of a person’s wishes. These statistics alone highlight the importance of getting an expert to help you to put your will together.

    Probate services

    WLS Solicitors provides a variety of probate services, including:

    Will and inheritance disputes

    The terms of a Will can cause distress. If there isn’t one, this is difficult too. WLS Solicitors can advise on any matter where a will or inheritance is in dispute.

    Expert legal advice you can rely on,
    get in touch today:

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    Why QualitySolicitors?

    QualitySolicitors is the largest network of law firms in the UK, with local law firms spanning the whole of England and Wales and customer service at the heart of everything we do.

    We are dedicated to providing the highest quality legal advice and expertise for our clients, but in a way that’s far friendlier, more accessible and clear-talking than you might expect from a law firm.