Making a Will for many of us holds the same taboos as the subject of death itself and yet a properly made will is as common and essential a part of modern living as life, contents and car insurance. The benefits of a properly drafted Will are many fold. First and foremost it ensures that your estate passes to who you wish and not whom the law of intestate succession dictates.
By appointing Executors and narrating specific funeral arrangements it enhances the efficiency and speed with which funeral arrangements and the administration of the Estate can be made. Finally it can also provide a means of reducing or avoiding Inheritance Tax.
Death without a Will can create a number of difficulties. Firstly, immediately following upon the death there may be a difficulty in determining who precisely should assume responsibility for making the funeral arrangements and uncertainty what specific arrangements the deceased would have wished. With regard to the administration of the estate itself, the procedure can become slower and more expensive.
Firstly, the Petition has to be lodged with the Court to have an executor appointed and there may be competing claims amongst next of kin for that appointment. Secondly, an Insurance Bond has to be obtained and lodged wit the Sheriff Court. Finally, and if prime importance, the complex rules of intestate succession may result in remote relations having a claim on part of the estate.
If you wish this opportunity of having a Will prepared for you then if you care to consider the following and insert the information where required we shall contact you with a note of our proposed charges for the preparation and signing of a Will.
Conveyancing, or buying or selling a house, is one of the most important events in your life. We want this to go smoothly for you and that is why we provide a conveyancing service with the emphasis on 'service'.
