I’m a married person. My spouse will inherit everything anyway. Why do I need to make a will?
Joint property will pass automatically. Some property will be inherited by your spouse but not all. Division of the remaining assets can be less straightforward. Making a will avoids any unnecessary distress and inconvenience for your spouse in administering your affairs and give you peace of mind.
Are there any tax advantages to making a will?
Yes. You can take full advantage of the Inheritance Tax and Nil Rate Band. If you have any business property in you estate then you may be able to claim business property relief.
Can I change my will?
Yes, at any time by adding a codicil or by making a new one.
What happens if my relative dies without making a will?
In this situation the estate will be administered in accordance with the Intestacy Act and we can advise you on the administration of the estate and your entitlement.