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 Making a Will is one of the most important things you will do in your life and yet more than two out of three people don’t have one.
Do you want the Government to decide what happens to your possessions and money? Without a Will this is exactly what will happen!
You may assume that you do not need one and that everything will go to your spouse. However, this may not be the case and can be especially tricky for those co-habiting. Likewise, if a Will is not set out clearly, sorting out misunderstandings and disputes can be costly and upsetting.
Wills are important documents and ultimately ensure that your wishes are made clear and that your loved ones will be well cared for in the future when the worst happen.
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It is possible to make a Will yourself by means of a form supplied from
a stationers or supermarkets, but you may well miss out on the chance
to take advantage of the possibility of maximising available tax
reliefs to ensure they benefit the right people after you die. There is
no need to be put off by the fee either, a Will does not need to cost a
fortune and is a small expense for the degree of peace of mind it will
bring.
You can also appoint guardians for your children in your Will and set
up Trusts for them to make sure that they’re futures are looked after.
At
Veitch Penny our years of experience will ensure that your wishes are
accurately recorded, we are fully regulated and will store your will
and act as executor at no extra charge, as well as being covered by
Professional Indemnity Insurance.
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A joint will documents the wishes of two people upon their death.
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Inheritance Tax and Estate Planning |
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The
impact of inheritance tax on even the most modest of estates can be severe. If
your total estate is worth greater than £325,000 the excess, subject to certain
exemptions, is subject to a fixed rate of 40% tax |
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A living will exists in addition to the standard will and
instructs your physician to administer no life-sustaining procedures should you
be in a terminal condition or permanent unconsciousness, you can also nominate
someone to speak on your behalf. For more information please contact us by
emailing
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A single will documents your wishes upon your death. The format is
straightforward and simple to follow. |
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If you are concerned about a current will that has been made, or if you have a
dispute about a will we will be happy to advise.
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Even if you have already made a Will, you should review it on a regular basis.
Wills should be reviewed every 3- 5 years and on any material
changes in your personal circumstances – marriage, divorce, children,
inheriting or winning any large sum of money, but also if one of your
beneficiaries die before you do. |
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Services For You 
Charles Dowell
Ian Penny
Alastair Dunnett
Helen Ings
and are bound by their ; SRA registration numbers: 00523544 and 00535277. The term 'Partner' is used to refer to a Member of Veitch Penny LLP, an employee or consultant with equivalent standing and qualification, a full list of which is available for inspection at the above address.