Wills and
Probate
Making a Will may not be at the top of your list of priorities.
You may see it as unnecessary, morbid and something that can
be put off. However, if you want any control over the way in
which your assets are distributed when you die, it is crucial
that you make a Will today.
Two out of every three people die without leaving a Will, and
the rules laid down by the Government (the intestacy rules) dictate
how your assets will be distributed when you die.
Currently if you die without making a Will your Spouse will inherit
just £125,000 of your estate and the remainder will be divided
among your children. If you are not married and have a partner,
your partner is not entitled to any of your estate.
You may be surprised at how inexpensive, quick and easy making
a Will can be. Instructing us to make a Will on your behalf can
provide peace of mind and security, not only for the person making
the Will, but also for the whole family.
On the other hand, if no Will has been made by the time someone
dies, it is often distressing and confusing for the people who
are left behind. Relatives or friends who may be expecting to
benefit from your Will may not be entitled to a share, the family
home may need to be sold and if you were in an unmarried relationship,
your partner will not be entitled to anything under the rules
laid down by the state.
We can also advise you in relation to tax, probate and the formalities
which need to be taken into account when preparing or administering
a Will.
The dedicated team at BKS are able to answer any queries or apprehensions
you may have before you decide to make a will.
Please contact Martin Kirvan in our Penge office on
020 8776 9388
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