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Planning your Will
Why make a Will?
Many people believe that they have little to leave, or that their spouse or children will get everything anyway. Unfortunately it is not always like that. Without a valid Will, the law determines where your belongings will go. This may be very different from what you think and the process of sorting out your affairs can be long and expensive.
Can I make a Will myself?
Yes, but unfortunately a "home made" Will can create more problems than it can solve. Even a small error can make it invalid. By making your Will through a qualified solicitor you can have the piece of mind of knowing that every effort will be made to make sure that everything is in order and that your wishes are clearly expressed.
Keeping it up to date?
If you already have a will you should make sure it is up to date. It's well worth getting your Will out and reading it through to check the details.
Many people update their wills when they inherit money or property, or when they want to add a gift to someone (a new grandchild for instance). Others do so to include a charity - which reduces any Inheritance Tax payable on the estate.
If you have married or remarried, or have become separated or divorced, it is important that you seek professional advice about re-making your will.
Do you need a Will or simply require your Will to be updated?
Complete & submit the form on the Contact Us page and we will contact you as soon as possible to confirm your details.
If you have any questions please contact Adie Hunter on 014.... Be sure to read the Adie Hunter terms of engagement.
Legal Jargon you might need to know?
An Executor is someone who is appointed by the law to settle your affairs when you die. They can be a member of your family, a solicitor or a friend.
A Beneficiary is anyone who receives from the Will.
Your Estate is the total value of everything you own at your death, less any outstanding commitments or debts.
Inheritance Tax is a 40% tax payable on larger estates. A legacy to charity is free of Inheritance Tax.
Intestacy is the name for the situation which arises when someone dies without making a Will.
A Legacy is a gift left in a will and it can be
 Specific: a definite object or property
Pecuniary: a gift of a special sum of money
Residual: a gift of money or assets left when other legacies and expenses have been paid.
Confirmation is the legal process which establishes the Executors power to deal with your Estate in terms of your Will.
Testator/Testatrix is you, the person making the will.
A Trust is an arrangement you can make in your will to administer part of your assets after your death.
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