Wills

Irrespective of your age or the value of your estate, making a Will and putting your affairs in order is one of the most important tasks that you are likely to undertake. We will assess your current situation, answer your questions and provide peace of mind for the future.

Our estate planning solutions are tailor made to suit every set of personal circumstances.

Looking after you, your family, and the generations to follow.

Some Basic Facts!

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Everyone should have a Will, but 2 out of 3 people have not yet made a Will and those that have, may not have the correct Will in place.

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An estimated 70,000 people per year have to sell their homes to pay for care.

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A large proportion of any inheritance is lost in future divorce settlements, to creditors or bankruptcy and unnecessary taxation.

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If you own a business or a share of a business then your spouse / partner and children may not inherit your share of a business.

 

Why do I need a Will?

The vast majority of people put off making a Will for a variety of reasons, either believing that the people they would wish to inherit will automatically do so, or because they don’t think it is relevant to them at this particular time.

The reality is that you can put off making a Will until it is too late and this poses all sorts of problems for the people left behind and could mean that some or all of your inheritance either goes to the wrong person or to the state.

Affording you Peace of Mind

Firstly and most importantly is the peace of mind making a Will provides.

Making a Will enables you to plan exactly what will happen to your property (estate) following your demise. This ensures that those you would like to benefit actually do so, in accordance with your wishes and at the same time avoiding any possible disputes between relatives.

Who needs to make a Will?

The answer is Everyone. In particular, anyone with dependant relatives, (children under the age of 18, elderly relatives or relatives with a disability who have special needs), anyone who owns property or has any type of asset which you would wish relatives, friends or charities to benefit from.

But won’t everything go to my husband / wife / civil partner/ parents / children etc automatically?

This is a common misconception and dependant on the size of your estate, there are set rules which will be applied to determine who inherits and how much if you do not make a Will.

So what happens if I don’t make a Will?

This is called dying Intestate. There are specific rules of intestacy which set out who will inherit and by how much if you do not leave a valid will, this may not be what you would have wished and in the worst case scenarios where relatives cannot be traced, your assets will be taken by the Crown.

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Quinn Legal Services Ltd, 1 Canute Road,Southampton, Hampshire SO14 3FH

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